I did not know about SYLO before, but looking at the price chart, I see that it has achieved good growth in the past few days. This is good, but it needs to be monitored more.
As members pointed out, listing a token on well-known exchanges does not necessarily mean that the project is good or successful. There are many tokens that were listed on exchanges larger than these, but they quickly faded and failed.
Therefore, the advice is always to conduct significant research before investing in any new project and not to rush or risk large capital.