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?
If the token is used for real world application and the product is fully developed then it becomes valuable. There are so many tokens in the market today but many of them has no product that is fully developed yet that's why their value is not its real value yet since it is just speculation for now but if their product is used by the people that needs it then we can see the true value of the token since we can now determine if it is in demand or not. If we check each token/coin in the market, some are even abandoned already by the developers and some do not even have a product yet which may result for its investors to pull out their investment.