Exchanges like Latoken, Vindax, Coinsbit and P2pb2b are some of the worst exchanges in the industry and have a huge tendency to dump token prices when listed there. This exchanges are associated with wash and bots trading and makes it highly impossible and unpalatable for traders to explore trades on them and thus leaving bad experiences ultimately leading to loss of interest and in turn price dumps.Binance, Houbi, OkEx, Kucoin etc are very good in the market. Most of the projects listed there increase the level of much more investment.
Token death can be attributed to many factors, first exchanges and secondly the team.
Starting with that of exchanges, it also works two ways; that is, just like you rightly indicated, most exchanges like those mentioned which can be classified as small exchanges can kill a token and many tokens which trade that path are no where today, while on the other hand, tokens listed on top exchanges like Binance, Houbi etc have every tendency to grow or at least have good trading volume. So in this aspect I agree with you and you are right.
As for the case of the team, token death as well as token growth can be attributed to them as well, first they are the ones that list tokens on those small exchanges which are known to wash trade etc, also, there are also team who cares for their projects thus listing their tokens on top exchanges. Secondly, there are some projects whose team starts on medium exchanges before working their way up to top exchanges at the same time, there are team who list their tokens on top exchanges, stopped development which then results to Binance or even other top exchanges delisting them.
Therefore, it can be seen that, for a token to grow, in as much as it depends on the type of exchange, it also depends on the team.