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.
example; NCHT( nano healthcare) project just got listed on etherbase exchange.
As long as the exchange is a legit exchange they are going to get some investors that will have interest in them. But I always feel that these new exchanges are wasting their time, because bigger exchanges are not going to give them any chance
that is why most of them ends up faking their trading volume and deceiving people to think that it is real while it is not. But it still doesnt make any sense because at last they are still going to caught.