If you keep txns in your mempool they will propagate and eventually be mined. Bigger the mempool more txns you can store. If you want to keep low fee txns, especially your own, available to be mined, increase your mempool to like, 5000 so that you can ensure they are stored for months until the mempool
Empties in the future!
Keep in mind though that your mempool, while bitcoind is active, is stored in RAM so you don't want over allocate.
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