Yes you can make 1000x if you are lucky but (unless I'm mistaken) there's no good way to know which ones will succeed.
I guess that its like 1/10 000 to do x1000 so its way better to simply go to casino to roulette table and bet all your money on red and hope for 10 win strike. Chances of doing x1000 are much better that way rather than gambling on shitcoins that no one knows and no one use.