Is it OK that more than 50% of total supply is locked in the LP of Raydium/ other DEX,

I just want to learn to invest in low cap shitcoin/meme . I fint 2 tokens which I want to invest with less than 1 million marketcap, but i find these 2 tokens put more than 50% of total supply to their LP. Does too much tokens put in the LP make it really hard/impossible to 100x ? What I thought is if 90% of token are in the LP , so it’s very hard for ppl to buy enough to make the price rise , is my thought process right ?Or more than 60% of total supply put in LP doesn’t prevent it from going up 100x ? https://imgur.com/a/wIeha9S (96% of total supply is locked in LP)