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Why Do Some Crypto Tokens Have Billions of Coins but Still Cost Very Little?

Some cryptocurrencies have billions or even trillions of tokens in circulation, while others have a much smaller supply and a higher price per coin. A low token price can make a project look affordable, but the price alone does not tell you whether it is undervalued. The circulating supply, total valuation, token distribution, and future releases also matter. Do you think new investors often mistake a cheap token for a good investment?
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