When it comes to comparing Bitcoin and Shitcoins we need to have a look at parameters like scarcity. Only Bitcoin is really scarce, Shitcoins can be launched over and over again, even when a single Shitcoin has a max supply. Bitcoin is limited to only 21M coins and no Shitcoin can be scarcer.
So, in terms of scarcity, Bitcoin is king.
Imho that's not really a good argument. Anyone can make an altcoin with 20 million coins, or only 100 coins max supply and 8 digits in it, and by definition that would be more scarce. That's not what makes bitcoin valuable, it's the people believing the system and mining it, developing it and using it.So, in terms of scarcity, Bitcoin is king.
If coin has a max supply it's about how many percent you own of that max supply, not how many full coins you would have. And value for that share comes from circulating supply multiplied by coin value.