Exchanges that tend to do well have more chances of releasing a token that could also exceptionally well.
Of course if there are more people or clients using that particular exchange, you can expect them to trust that exchange and by extension trust the token that they will release as well. Tokens have some advantages for those who use it and the exchange so their success goes hand in hand
You're right. Investors and series of clients who finds comfortabilities and reliably trading on a particular exchange definitely the exchange has been offering great services.
At such rhythms there'd always be tendencies of trusts with the persons trading on the exchange and without being told, whatever coin that's being listed among in the same exchange wouldn't only thread in the market cap but a massive adoptions by those who're in the trading alliance with the exchange.
Behold, exchange serves to offer more values to new coins based on the dominance capacity of the exchange and so when an exchange is weak, so also the coins goes weak unless the coin has already backed itself potentials right from a blockchain.