Tokennomics is basic understanding of supply and demand of crypto coin
Tokenomics helps to identify the valuation of a token, it is essential to know tokenomics, if you are investing in a project you should keep some checks ready, foremost is tokenomics.
What is the use of a token whose supply is unlimited? No use, value will keep diminishing.
Even Bitcoin has total supply of 21 million. In the long run it is clearly visible that ratio is quite low, eventually it will lead to more demand.
Most of the projects keep burning their coins, to increase the demand intact. Next time you invest in a project keep eyes on the tokenomics and circulating supply.