Can Algorand reach $100?

Could you possibly enlighten me on the potential of Algorand to hit the mark of $100? Given its unique blockchain technology, decentralized nature, and the increasing demand for cryptocurrencies, does it stand a chance to achieve such a significant milestone? Or are there any factors that might hinder its growth? I'm genuinely curious about its future prospects and whether investors should consider it as a viable option for their portfolios. Could you please provide some insights on this matter?