Market Cap VS Coins Afloat

Example Coin to understand marketcap on Binance: NKN Coin, which, is on Binance and some other exchanges

So NKN Supply is:

Circulating Supply 700,000,000 NKN

Total Supply 700,000,000 NKN

Max Supply 1,000,000,000 NKN

1) Aren’t these fairly strong metrics for the price to be much higher per coin?

2) Why is the price hovering around 20 cents on Binance?

3) It seems to have a strong use case?

4) What catalyst would it need for it to rocket on Binance?

The use case does seem strong:

https://nkn.org/wp-content/uploads/2020/12/NewKindofNetwork_en.pdf