the thing about low market cap cryptos is a group of traders could easily soak up all the tokens and run it very hard.
when the broader market sees one go from $100K to $1M, they usually want to own it, because market cap expansion gets rewarded.
but if a crypto team has no interest in telling a good story, and creating some utility with it, that token is just high priced garbage.
this is why i like projects with active, interested devs. they know if they do a great job they can make retirement money -- not just for themselves, but for everyone.