This days there are so many tokens appearing with a very large total supply, tokens like this are often called "Shit-coin/shit-token".
Many people say that this benefits the crypto world, but there are also those who say that it actually make the crypto world looks bad.
I’ve been in a situation like that where I was investing in a project and I knew very well that it wasn’t legit or should I say it wasn’t going to work, But I still went ahead to invest in this project and at the end it didn’t workout.
The reason why I invested in this project is because of the same thing you have said here, I saw an early opportunity to make something from it before it’s too late. Things like this are usually a huge risk, it can work or it will not work. Luckily for me I didn’t invest much in it, I just invested a little money which I hoped I would have gained something from it.