Well, it all depends on the ambitions and the roadmap of the project. It seems to me that if the first listing of a company takes place on a small exchange, but they point out and work on listing on a large one, this can give good results. Even now, it is not uncommon for a coin / token to fly up tens of percent after listing on a new large exchange. But at the same time, it must be borne in mind that the chances of screwing up are just as high.

The chances of failing are not just as high as your chances of succeeding, most of the time your chances of succeeding will be at 1% while your chances of failing will be at 99%, this is what many people fail to grasp when they invest in the market of cryptocurrencies.
There are tens of thousands of coins, does anyone actually believe we need so many coins? There are only a few hundred fiat currencies around the world, and at any moment in time at best there are 100 decent projects in this market, this means that anyone deciding to invest in a new project is taking a gigantic risk in which the chances of losing their money are sky high no matter how careful they select the project in which they decide to invest.