I’m not talking about meme coins, because that’s just an utility question above all. Although most of them also have huge supplies.

I’m mostly talking about utility, unlock schedules, vc-backing, infinite supply, tokens that aren’t need for the underlying system at all.

Which tokens come to mind? And why would you say they fall in this category?

Personally I feel like Celestia ($tia) is a token that is offend deemed as unnecessary. Sui is a difficult one because it’s a serious project, but which such a massive part of the supply still not in circulation. Arbitrum is mostly a governance token with no utility at all.

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