I'm keen to know what the general consensus is on the value and utility of all the tokens that exchanges and crypto portals release. Are there too many of them in the market? Or is there an obvious market need that such tokens serve?
The utility of those tokens depends entirely on the kind of investor that you are, if you are a long-term holder and you are interested only in bitcoin then those coins have no utility for you, if you are a swing trader and you trade occasionally then those tokens can be slightly useful, but the greater advantage comes from those that are day traders, and the reason is that some exchanges offer discounts on your fees for using their tokens and any discount that you can get as a trader is something that you should use.
Personally speaking I really think that there are simply too many tokens created by exchanges and that for the most part they do it just because everyone is doing it, and while those tokens by themselves can give good profits as well it is better to not take the risk because if the exchange fails then the coin fails as well.