So, empirically, we can make a list of variables affecting the value of a cryptocurrency before it is included in any exchange (without a specific order):
1.- Supply: more supply, lower price.
2.- Nodes: More nodes, higher price.
3.- Availability: If all the supply is available at launch, lower price. If the supply growths slowly, higher price.
4.- Exposition: More exposition (web page, media channels, etc), higher price.
5.- Protocol and software: it is new a innovative, higher price. If it is a copy of any other crypto, lower.
but for supply I see a lot of tokens with big supply but if supported by big exchanges they will be able to get good volume. Maybe the listing exchange could be a major factor for future token prices
Honestly, the total supply means nothing if there would be a lot of demand. The big exchange site has a very big community and this community was also coming from all of countries around the world.
As long as the coin can get the hype even a coin like ripple with so many supply can reach a few dollars as its ATH.
FOMO is real
