Every coin what to have their own exchange and as many exchange is getting out same as new coins , now I see no reason for too much coin and exchange market as we are only here to play save in the mixed and get little profit we could but many has turn this to scam arena , that is why we see lots of them coming out every seconds with no purpose.
Yeah,,, this is just what people were saying in the year of the crypto winter (2018). Exchanges at first charged a lot of money,,, and coins used to pay at first. But people stopped buying anyway so coins did not want to pay a lot of money. The easier way? Get their own exchange and launch their own listing.
Then you know what happened next? IEO. 2-in-1 ICO and listing;)