Namecoin has been underappreciated for far too long. When you look at the statistics, it's dumbfounding why it isn't valued 100x higher. I think it's the result of several unique market factors like merged mining causing constant dumping by pools, lack of advertising, prior performance assumed to be future performance, and lots of undeveloped potential.
I think once the market matures and the average investor in crypto ups their IQ a bit, gems like Namecoin and all the earliest NFTs will become sought after collectibles. It was recently rated the #60 crypto coin by an independent rating team and if it were to realize that position as a market cap, it would be trading at $200 per coin. That's likely a more fair and earned valuation, and I think it will be realized at some point. If all the pump and dump shitcoiners only knew what they've been ignoring...