You should not compare the Magnet and most of the projects that are on the market. Unfortunately, today's market is filled with scam projects that are doomed to failure. And Magnet has pretty good prospects!
The project Magnum has a good team, there is a strong community, there is a great idea and proven technologies ... I think that the project lacks marketing and aggressive advertising policy. It seems to me that we need to work in this direction.
A strong community is relative here. If you compare this in terms of numbers to some other communities, I would consider this still relatively small.