Putting on a white coat doesn't make you a doctor, the years you spend studying and practicing does.
Similarly, printing a billion tokens and trading one for a dollar doesn't give you a billion dollar market cap, even though "all the stocks do it!" Those stocks also back productive systems, have financial statements, forecasts, and a million other things that make them a billion dollar (or larger) market capped company.
Hey, it's fine, we'll just make another cryptocurrency that serves to back it, and control the price of that to keep the value stable. What could go wrong?!
Similarly, printing a billion tokens and trading one for a dollar doesn't give you a billion dollar market cap, even though "all the stocks do it!" Those stocks also back productive systems, have financial statements, forecasts, and a million other things that make them a billion dollar (or larger) market capped company.