There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.
But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.
So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
I don't think MEXC is the only one doing that; to be honest, the worst exchange that lists shitcoins or zombie coins on their platform is Yobit, according to what I found out. It's even cheaper to be listed on Yobit compared to Mexc because the claim of the exchange platforms is the fee they will probably get here.
And most of them will pump it in the beginning, then when they see that their target has been reached, they will exit to get profit, then no one will die, the coins will die little by little until there is no interest, and someone will do something to trade in coins.