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.
ts all come down to the access of capital, the reason why most of coin goes so hard with getting listed on big exchange is because simply put these coins are already under thorough review by the exchange themselves so people are more trusting toward the coin since its already being reviewed it means green light for anyone trying to make profit from investing in this coin.
moreover, the access to massive capital and we are talking billions of trading volume here means garnering attention from the trader and that also means easy pump for the coin itself.
thats why exchange like binance is pictured to be a place where there's so many coin worth investing, even the exchange token that binance is having have been climbing up from few dollars to the current price right now I still remember it clearly that back then binance's BNB isn't priced as it is today but here we are.