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?
Not sure if they're too many, because those tokens would even reflect on how does an exchange perform sometimes.
One notable example would be BNB. I plan to buy it back in the days, but it was just too much in my portfolio now so I backed out.
It seemed to perform well along with the exchange based on the circulation and the volume of the coin.
That's just one notable example though.