It is not only about the devs, it is about the community, no matter how good the project is, no matter how great the devs is it will not fly to the moon if the community will not support, in cryptocurrency, it is a power of community or many people if the project will go to the moon or not.
I agree because that what was happen mostly in meme coins, there are people that are creating a hype so that it goes to trend and the community could support it.What if your coins have a good utility but they were only few people supporting it then it could be the start of its downfall in the market.