I dislike projects that have a huge token supply. It is ridiculous to me. However, I do not think that token supply still influences the performance of any crypto coin like it did around 2017
They create tokens with a large supply because it will help the token's price to be lower when starting to list at exchanges. And after a long period of operation the price will increase easily if the project works well and there are products. Think about it, if they create tokens with low supply, the price of that token will certainly be very high and no investor will dare to risk buying new altcoins at such high prices. All this is their business strategy