All asset classes are valued by supply and demand. Here's a rare crypto max supply & current supply comparison list with the tickerTracker MFI Oscillator set to 13 on the 1 day chart:
YFI 36,666 (33,033 current supply) MKR 1,005,577 (977,631 current supply) COMP 10,000,000 (7,786,649 current supply) QNT 14,612,493 (12,072,738 current supply) AAVE 16,000,000 (14,488,143 current supply) BTC, BCH 21,000,000 (19,436,075-19,455,506 current supply) ZEC 21,000,000 (16,328,269 current supply) LTC 84,000,000 (73,418,014 current supply) BAL 96,150,704 (51,107,259 current supply) ETH +1,600 / day max inflation (120,193,787 current supply) ETC 210,700,000 (142,107,986 current supply)