Wash trading is not a fringe problem in crypto. It is the default operating model for a large chunk of this industry, and everyone acting shocked about it needs to stop. But, look at the actual numbers before you get comfortable. 1) Unregulated exchanges have been caught inflating reported volume by more than 70% on average. Not 7%. Seventy. 2) Bots trading against other bots the same operator controls. Built on purpose. Sold to you as liquidity. 3) Fee rebate programs that pay traders back more than the trading fee costs. The exchange doesn't even have to fake anything itself. It just built a machine that guarantees someone else will. 4) Ten executives across four market making firms, Gotbit, Vortex, Antier, and Contrarian, got indicted by the DOJ this year for running exactly this. You are reading volume charts like they mean something. Half the time, that number was manufactured and sold to you as demand. Big exchanges know this happens on their own order books. And, they keep ranking tokens by that same fake volume anyway, because the ranking brings in more real users than the fraud costs them. This is not a rogue trader problem. This is the business model. Every retail trader who bought a "high volume" token believing it meant real demand got played by an industry that had every incentive to let them keep believing it. Stop trusting a chart because the line goes up and to the right. Start asking who benefited from you believing it.