Can Ellipsis reach $1?

With the current market trends and the potential of the Ellipsis project, could it realistically see a price surge that would bring its value to $1 per token? Considering the project's roadmap, community engagement, and the overall cryptocurrency market sentiment, is this a feasible target for investors to keep in mind? Additionally, what factors would need to align for such a milestone to be achieved, and how can investors stay informed about the project's progress towards this potential price point?