Can algo hit $100?

Could you kindly enlighten me on the possibility of Algorand reaching the $100 mark? Given its unique features, robust technology, and the current market trends, is there a realistic chance for its price to surge to such heights? Would its adoption rate, scalability, and overall utility contribute significantly to this potential milestone? Moreover, are there any foreseeable challenges or obstacles that might hinder its path to achieving this ambitious target? Your insights would be greatly appreciated.