Can cosmos reach $1000?

Could you elaborate on the potential for Cosmos to reach the $1000 mark? Given its current market capitalization, technical advancements, and the overall state of the crypto market, what are the chances of Cosmos experiencing such a significant price surge? Are there any specific catalysts or indicators that investors should be keeping an eye on to gauge its potential for such growth? Furthermore, what risks might investors encounter if they opt to hold Cosmos in anticipation of such a milestone?