Apart from real use case do coins and tokens max supply counts as well? for example lets look at doge coin,its max supply is 280 billion and the circulating supply is 120billion which is presently trading at 0.0026$ what would have happened if its max supply is in millions ?
i think some coins have way to much max supply which actually affects the coin or token performance as well,coins with low supply will always have better value than having gigantic supply.
These are the projects that claim to have a better solution to bitcoin, and they don’t know the main reason why bitcoin created a limited supply and this limited supply of bitcoin is what has been helping it till date. Look at ripple, with all their position on the 3rd place in the market, their value is still not growing, and this is because they have such unlimited supply.
Take a look at binance, binance also applied this method, to burn tokens, and we can see its working with the real products that they have. So all this gigantic supply is really not worth it. What majority of these people needs is actually to burn those tokens and see how the coin will start to appreciate seriously and how stable the coin will also be on a very high price. When I see some project which such big supply, what I do is just to ignore them immediately.