Isn't monero getting dropped left and right from exchanges? Guess the "privacy and anonymity" that it offers couldn't work to its advantage huh.
Yes, but this is exactly the reason CEXs don't like Monero. Its anonymity and privacy is a threat for them, because they can't censor it and they can't have any control over it in case any central authority (i.e. government, bank etc) ask for it.
So, to comply with their rules, CEXs have to ignore Monero. It is by default, too good for us, too bad for them.