There was a story about the Shiba coin last week, but it's not on this list. ?? https://cryptofees.info/
With 10,000 of them already, can't be much to it. Getting people to invest in your coin... that's another matter entirely.
Aren't there 10,000 of them already listed on an exchange... and "all set"... but nobody is buying them? Steve Cohen has recently stated that he's going to "get into crypto in a big way soon". I doubt that means he's going to "go all in" with BTC. But with his name, any crypto he starts will likely be strongly supported... and he'll make even more mega-$Billions. (How do peons like us get in on his ICO?)
I am planning to launch a coin just for fun of learning tech behind it. Will use one of existing blockchain of course. Based on what I am reading it is not difficult. Thinking of cool name and logo now.
My only first-hand knowledge of a crypto was with Electroneum. I was solicited to buy into the ICO @ $.01. Now about 4 years later, its low was ~.0015 and is now trading at .00415. When it debuted on an exchange, it reached a high of ~$.26. Some coiners were whining about the sellers that day saying something like, "don't sell.. hang on for the big gains later". Turns out the "big gains" were the initial price... into which the insiders(?) and a few smart ICO investors sold... with insiders probably making 2500x their money... while everyone else was left holding the bag. I'll bet there are lots of crypto stories similar to this.
Most exchanges like Binance will look into your project and determine if it's a shit coin or a project with potential. Most likely, they will think your project is horse manure...
Aren't all cryptos basically based on the same scheme: creating crypto money supply out of thin air? The inner mechanism is described in this Bloomberg article: https://www.bloomberg.com/news/feat...-coin-superdoge-billionaires-prosper-and-fall