120k ETH is still far away.
Because of so many projects, I will find it difficult fr SOMA to reach its max cap, not impossible, but I think they will reach their sof cap at the very least, but most likely more, the concept is good, the project is well carried, and some of the ideas, revolutionary, I thin SOM will be fine .
Don't see why they should reach the hard cap. I mean of course it is also a sign for a good project but I don't think there is need for it in the end. Sure, they say every 1500 ETH a new market will be opened, but in the end, these markets will come soone or later without the hard cap, because otherwise the project will not work out in my eyes.