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?
Well at first sight i think most people would say that there are way to many exchanges and exchange tokens out there. Some of those small an new exchanges are having a hard time to generate enough volume to make profit.
On the other hand it's always important for every market or industry sector that there is competition if we would only have binance and coinbase they would have way to much power.
So for me it's a good thing that new exchanges are trying their luck regularly to get a little market share.