What's more better,Firstly token listing in exchanger and than distribution token or distribution token before listing in exchanger?
Token distribution and follow by exchange is a good way to move. Many exchanges requires for more holders of the token before listing.
You are right. If the distribution of tokens and followed by exchanges is a good way. their token also has the advantages and benefits of the future that should get the highest priority. so they need better distribution first than the list of tokens on the exchanger. Because if the token list is exchanged before its distribution, it will make market fluctuations soon fall when the distribution.