Its like people do not get that market cap is important. If you go in projects at $5m you will need to put in thousands so its worth it. While in a $50k market cap project you only need to put in $50 and you will have $5000 when its at $5m. And if it goes to $50m it will be $50k for you.
Is that not better? Trust the early projects that are unique and new, and good instead of going in the projects where the already rich people put in $100k or even $500k or even millions?
People are definitely aware of the fact that projects with low market cap can easily pump or grow for more than 100x in a short period of time because they are volatile. The same way this coins can crazily go is the same way they can crazily crash. Some people are into only investing into cryptocurrency just to gamble on the next big pump but to secure their assets and also earn a reasonable ROI. Investing in this low cap coins can be too risky as you can easily lose everything but with a good coin like bitcoin you hardly loss if you hold long.
I am an Ethereum fan myself but the fact that Solana has made far more returns in this bull cycle than Ethereum bugs me.
In fact I had a decent amount invested in Solana but since it's blockchain started getting outages I became skeptical about it/
Then in the bear cycle the price of Solana dumped to $8 and I sold all of it. Now I see it near to it's previous high.
Although I lose a huge amount of profits but I still feel the value it brings to the table is not as good as Ethereum.
That's the reason why I am still holding Ethereum although it's providing less returns.
Almost everyone made the same decision then when Solana was below $20 because they had crisis then most notably their link with the FTX collapse saga then and the coin was dumping, it was logical to pull out then. The ecosystem is just getting new attention now because of its low gas fee