Why are so many projects still making tokens with such large supply?

[pealr12]

This has often been my question so far
We all know that if a project has a small supply, the price will be very expensive in the exchange, but why are so many new projects still making trillions of supply? do those who have a large supply don't want expensive token prices in the market?
Are they too greedy so that make a large supply?

Yeah, and the crazy part about is later they will be looking to burn some of the tokens after creating a huge supply, it makes no sense at all, some of them claim they create huge supply to match up to the nature of the project use case, if btc can have 21 million supply with all its use case and demand then i don't see why some alternative project can not produce a reasonable supple that will help sustain the price, huge supple is always something to consider.

[1714782512]

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[Akiko]

This has often been my question so far
We all know that if a project has a small supply, the price will be very expensive in the exchange, but why are so many new projects still making trillions of supply? do those who have a large supply don't want expensive token prices in the market?
Are they too greedy so that make a large supply?

More suppply means more money to come they can sell a lot of tokens to investors . This is the most common mindset of many developers that want to make his own coins or tokens and later on they will burn it to create a hype of the project so they can sold their coins to newly investors that will come not only to those early supporters  . Low supply means less money to the developers since the amount they can own is only base on percentage of the coins they are building.

[Mulann2]

Because they are greedy and only thinking of how to fill their pocket by dumping enough tokens on poor investors, i always wonder what is the need for a huge supply though, i really do not like to invest in project that have excessive supply like tron, hex now i see this new project - my identity coin- with 100 billion supply, what the hell for! that is just too much 

[thesmallgod]

It is the demand that determine the price. No matter how small the total supply is, if there are no demand for the token, it will worth less. ETGF token is an example. Depending on the usage of the token, the total supply can be high all low. Most project that create token that are govern by prof of stake usually have high supply. In the real sense, when token total supply is very high, it is very unlikely that much demand have great reflection on the price. For instance it is very uncommon to see a project with 1B token reaching $1 per token. I have heard someone mentioning chainlink in a group but not many token have this price

[Shasha80]

It is true what the opening post said that small supply will make token prices more expensive. But why are so many new projects
circulating now choosing to create tokens with trillions of supply. In my opinion, because the project owner wants to pay promotional
costs with tokens, a large number of tokens is required. Therefore, many projects have held bounty campaigns with large supply tokens
that can attract many bounty hunters. With many bounty hunters promoting these projects, they can bring in many investors. It means
that the project owner will benefits.