As more tokens keep coming into the market, it is assumed that more cyptocurrency exchanges will raise. this, we all know have a risk effect which is that hackers are empowered to try their luck especially on vulnerable ones. The good side is that more tokens has the oportunity of getting listed on exchanges.
Assuming there is no system to regulate this, the thought is not correct. Also I do not think there is a limit in the exchanges.
Yes, the exchanges have been increasing, but most are unnecessary.
example; NCHT( nano healthcare) project just got listed on etherbase exchange.
More like advertising and useless.