Can IoTeX reach $1?

As a keen observer of the cryptocurrency market, I'm always intrigued by the potential of emerging projects. IoTeX, with its focus on decentralized trust infrastructure for the Internet of Things, seems to be a promising contender. However, the market is unpredictable, and price predictions are often fraught with uncertainty. So, my question is: Given the current momentum, the technology's unique value proposition, and the overall market sentiment, do you think IoTeX has the potential to reach the significant milestone of $1 per token in the near to mid-term? What factors would you consider in making such an assessment?