Especially on todays exchanges. The numbers are just terrible, almost every single exchange is doing wash trading and the number of real trades is scary low. Furthermore, without further development a token is worth nothing.
Yes but now everyone need money by hook or crook and most of the project spend only on exchange listing to list it in a high volume exchange so that the tokens can be sold and to get more buyers but they don't bother about further development of the project as a result most of the tokens are sold at good price but fails miserably after sometime due to lack of development.