Will ADA reach $1 in 2024?

I'm curious about the future prospects of Cardano's native token, ADA. Given the volatile nature of the cryptocurrency market, it's always intriguing to speculate about potential price movements. Could you please offer your expert opinion on whether you think ADA has the potential to reach the $1 mark in 2024? Given the recent developments in the Cardano ecosystem and the overall market sentiment, what are the key factors that could influence its price movement in the next few years? It would be great to hear your insights on this matter.