Listing the coin on a large exchange is not free. Developers must pay an obscene amount of money.
If developers have collected a lot of money and they can afford a place in a large stock exchange, OK. The volume of trade will increase and this will be a plus.
If the developers don't want to give money to the owners of exchanges and they want to spend all money to develop the project, in my opinion, it's even better.
For me it doesn't matter on which exchange the coin is traded. A large exchange is not a sign of the success of the project, it's a sign of an increase in the volume of sales.