There are 301 Cryptocurrencies Exchange on CoinMarketCap and around 9000 globally. 99% in 2 years will be broke. Cryptocurrency Exchanges need to have lots of clients , trading with lots of volume to make revenue – without it they will not survive. A report uncovered by Messari shows many small Cryptocurrency exchanges have no volume which means no revenue or clients ( this also includes the names we suspect).
Also the report shows that volumes are zero when these small cryptocurrency exchanges fraudently record they are doing volumes which are not true.