How to Evaluate Whether a Token Can Become a Billion-Dollar Asset

One of the simplest and most effective methods to assess long-term potential is by analyzing token supply dynamics. This process takes less than two minutes and helps you eliminate weak projects immediately.

Step 1: Review Supply Metrics

On platforms like CoinMarketCap, focus on two figures:

Total Supply: the maximum number of tokens that will ever exist.

Circulating Supply: the amount of tokens currently in circulation.

Step 2: Compare the Two

A significant gap between total supply and circulating supply is often a red flag. Why?

Large quantities of tokens are still to be released, creating potential sell pressure.

As supply expands, it requires substantially more capital inflow to drive price appreciation.

Step 3: Prioritize Circulating Supply

Projects where most or all tokens are already circulating reduce these risks. With minimal future unlocks, demand directly translates into price performance.

Why It Matters

During the last bull market, applying this filter allowed me to identify projects that delivered 10x returns. The principle remains the same today:

Healthy tokenomics support sustainable growth.

Excessive future unlocks often suppress performance.

👉 In short: before chasing narratives, always check supply. It’s one of the fastest ways to separate promising projects from those unlikely to achieve billion-dollar valuations.