Recently, the bizarre pump of ASR has brought an old issue back to the discussion area - how can those coins that have been ignored for a long time and have thin Trading Volume suddenly rise big? This is what is commonly referred to in the industry as the "zombie coin" phenomenon.

What is a zombie coin? Simply put, it refers to those coins that were originally lying in a corner gathering dust, and suddenly one day they inexplicably pump up. However, you can’t find any substantial good news even after going through all the project information. ASR is a living example - it had been long-term sideways before the sudden movement, with low trading volume, and no one could figure out what the project was doing.

The common point of this type of coin is very obvious: the transparency of information is frighteningly low, liquidity is extremely poor, and the project itself has no value support. The speculators have precisely seen this point - with very little money, they can stir up waves on such "dead coins". Mainstream coins like Bitcoin and Ethereum have actual applications, technological accumulation, and community foundations, but what about zombie coins? Often they are just empty shells, and the only reason for their existence is to let speculators harvest retail investors.

This phenomenon actually causes significant harm to the entire market. First of all, the price signals have become completely distorted—under normal circumstances, the coin price should reflect the project's value, but the rise and fall of zombie coins are entirely dictated by the manipulators, making it impossible for investors to make correct judgments. Secondly, this kind of short-term big pump easily attracts speculators in droves, resulting in good projects being overlooked while funds flow into garbage projects, leading to an increasingly distorted market structure. The speculative atmosphere in the market has also become more intense; people no longer look at the fundamentals and only want to bet on the next "meme coin".

After all, the existence of zombie coins is undermining the pricing logic of the market and increasing the risk for investors. If you want to survive longer in the crypto market, you need to learn to distinguish between real value and artificial hype.