Supply has never been a factor used to assess the potential of a project, to evaluate a project needs many factors. If you just try to look at the supply and the token is worth less than 1 dollar you will really lose a lot in this market. But I agree that to find a coin that can x100 whether in this market or bull market is very difficult and not everyone is lucky enough.
Supply those have a factor it plays, project like Shiba Inu with billions of supply in circulation will find it different to 100x now because it'll need much market capitalization to get the project such gains but a project with a supply of just few millions tokens can easily 100x it's value with little money invested in it. Shiba Inu coin market capitalization put into small project will show how easier it's to get those project 100 of xs gains. When we investing in a project, one should never neglect the important of token supply.
Knowing this will help you strategize your investment to know when to hit the sell button but even if a project is highly hyped, the supply in the market will always create fud that can crash the project at anytime.
