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?
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Since you cannot just go and register with a major exchange, this is a very long and complicated procedure. Again, large exchanges place high demands on potential clients. And not every young project can meet these requirements. Therefore, the key to success is still the company's ambitions.
By the way, it is listing on large exchanges that weeds out weak projects, because if a company cannot enter a large exchange for a long time, this inevitably leads to the death of the company.
P.S. For some reason it seems to me that you were wrong with the topic
