Which altcoin would survive if exchanges disappeared tomorrow?

[UmerIdrees]

A lot of altcoins look strong because they are listed on major exchanges and have plenty of liquidity.
But sometimes I wonder what would happen if tomorrow all centralized exchanges disappeared.

Which altcoin do you think would have the best chance to survive on its own?

So the question is, if the centralized exchanges disappear, then which altcoin will survive? I think in that case, everyone will be using decentralized exchanges, and all those altcoins can be traded on decentralized exchanges too. So it doesn't matter if the centralized exchanges exist or not, the survival of altcoins is dependent upon their use case and how many people trust it.

So I think if I were to name one altcoin that will survive, then it's none other than Ethereum. 

[Shinpako09]

I'm not a die hard fan of these coins, but for me, Ethereum and Solana would survive even if centralized exchanges collapsed. ETH, no question about it, is still the leading altcoin behind btc. A lot of people still have high hopes for Ethereum. Solana would probably survive too. It’s actively used on DEXs, mainly for memecoin trading. Memecoin trading still generates a large amount of trading volume, even though the hype has died down from its peak. The top altcoins would probably survive as well since most of them have solid communities.

[PostQuantumBTC]

Crypto can exist without CEXs. But let's not forget that the growth of this industry is deeply tied to CEXs, and it would never have reached its current position without them.

Who cares! Bitcoin will still be existing and there will be pump and dump coins. You can read what OmegaStarScream has said about the matter.

Lots of people are saying XMR but that probably not going to survive "if every CEX" dissapeared. If major CEXes then yes sure, XMR has proven itself in that regard. But no CEX at all? XMR has barely a DEX as far as I know, very few sites uses atomic swaps.

I'd expect BTC, and pretty much every EVM based coin to survive given they all can be listed on DEXes. Obviously the prices would be affected though.

Monero increased from $100 to $800 before falling to $350.

Cryptocurrencies can exist without centralized exchanges.

[Iranus]

Crypto can exist without CEXs. But let's not forget that the growth of this industry is deeply tied to CEXs, and it would never have reached its current position without them.

Who cares! Bitcoin will still be existing and there will be pump and dump coins.

Do you use CEX? I'm pretty sure you have more than one account on centralized exchanges.

Besides, I never said that Bitcoin or crypto would disappear if CEX disappear. Instead, I just want to emphasize that the growth and popularity of crypto have been significantly contributed to by CEX. They have helped millions of people access crypto and contributed to the market's growth to where it is today.

Therefore, if they disappear, the popularity of crypto will decrease significantly.

[shinratensei_]

Monero increased from $100 to $800 before falling to $350.

Cryptocurrencies can exist without centralized exchanges.

source: https://www.coingecko.com/en/coins/monero

Here is a list of cex or dex where XMR is most traded by 24h volume. One thing you will notice is all of them are CEX.
Even though XMR is great, it is true that XMR barely have any DEX. Volume proves it. Perpetual Dex only allow XMR perp trading.

Any spot market for XMR is synthethic XMR wrapped token like XMR1 not native XMR.

[Smack That Ace]

Monero increased from $100 to $800 before falling to $350.

Cryptocurrencies can exist without centralized exchanges.

source: https://www.coingecko.com/en/coins/monero

Here is a list of cex or dex where XMR is most traded by 24h volume. One thing you will notice is all of them are CEX.
Even though XMR is great, it is true that XMR barely have any DEX. Volume proves it. Perpetual Dex only allow XMR perp trading.

Any spot market for XMR is synthethic XMR wrapped token like XMR1 not native XMR.

Not just XMR and altcoin, the same is true for Bitcoin. The majority of Bitcoin trading volume come from CEXs, while DEXs or p2p account for only a relatively small portion.

The harsh reality is crypto was designed and built on a decentralized foundation but operates mainly through centralized gateway. Most users access crypto through CEXs rather than DEXs or p2p. Decentralization exist only at the protocol layer, while the reality at the user level is quite different.
Therefore, if CEXs were to disappear, it would be a shock to the crypto.

[7juju]

What’s the need of cracking your head when you know that situation like this can never happen. How possible is it that cex will disappear? Do you know the panic that will be in the crypto space if it happens that cex suddenly disappears? If the coins that you think will survive will crash, because their investors will be scared of holding them, because it will look like there’s an attack in the crypto space. It’s best not to think of something that is practically impossible to happen.