Do legit projects just keep going up during bull?

I know this is kind of a stupid question or too hypothetical to answer and I know I'm going to get all the patronising answers or the 'nobody know shit...' boring clichés, but what the hell, I'm going to ask anyway, hopefully you'll see what I'm getting at.

So I joined towards the end of last bull. Most things were going up, and then everything crashed. Recently I've been buying into some new projects and one of them has already done 3x since I got in a couple of weeks ago. It seems quite early since we haven't even reached the halving yet, so I guess my question is, would you expect something like that to just continue to climb until the money stops flowing into crypto, or do projects kind of have their run at different times of the cycle and some might peak early?

I know that projects could get rugged, or there's some bad news or bad tech etc... I guess that's where it gets hypothetical, that I'm not talking about anything like that, I'm talking about a solid project that doesn't suffer any drawbacks, would you expect it to just keep increasing in value?

I guess people are also going to talk about cycles from BTC and ETH through mid caps then low then micro etc. maybe that's the answer.

TLDR: If a project starts early in the bull market, would you expect it to peak early also, all else being equal?