I still confused about what makes token become expensive. Except for supply-demand, what else which caused some token like erc20 become valuable? I look at about how to create ethereum token and I think almost all of them have the same quality, and security. So what's the answer? what make them so valuable?
value is created by the team who creates the token and then by people who choose to invest in it. I try to stay away from tokens that have high price from the very beginning but there are so many other things like development, team, sponsors etc that can increase or decrease its price after launch.