Maybe it's a good idea to put a couple of bucks in there but I think I like your choice of word " gamble" which I will likely or may not invest in it.
But the fact that it's not popular could give it a chance of making one a good profit which will be withdrawn immediately after hitting the target because surely it may be one of the shitcoins that comes and goes after bull run.
I will have to check em out if you can gamble some funds In it.
I like altcoins that are scarce and have most of their supply in circulation and this ticks both boxes.
Have done some research and watched a few videos on Youtube, some say it could 100x but I will be happy with 20x
Most supply in circulation means nothing, developers can pretend to be buyers, they will create multiple wallet address and start buying themselves, just to deceive people like you, and moreover if you are early to a new project you can't expect the circulation to be huge already.
I jumped in few projects last year, the circulation are around 2% to 8% and the Marketcaps are very small, and today they are over 40 million in market cap and the supply is over 40%, when you are early to a project it's where you will make most money and that's where no one will want to buy.
Trust me, that's the best buying point, just make sure the project is good enough, the investment trick of altcoins is to be early.