Why is M2 more expensive than M1?

Could you elaborate on why the M2 cryptocurrency is priced higher than M1? Is it due to the scarcity of M2 tokens in the market, or does it possess unique features or utilities that set it apart from M1? Additionally, could market sentiment or speculation play a role in driving up the price of M2? It would be interesting to understand the underlying factors that contribute to the disparity in their valuations.