BungeeCord requirements

Hello, Iam looking for hosting to run BungeeCord for our servers and I wonder if this VPS will hold up to 400 player. VPS Specs: 1core Intel Xeon 2GHz, 2GB RAM. At this point we are hosting BC on our dedicated server but there is no more room for it so I wish to move it. RAM should be fine (with 350+ players BC is eating around 1.8GB), but Iam not sure about CPU. Will this processor do just fine or invest to better one? OS will be CentOS.

Thanks anyway for any feedback