Can Degen reach $1?

Could you elaborate on the potential for Degen to reach a value of $1? Given the current market trends and the specifics of Degen's project, what factors would need to be in place for this milestone to be achieved? Is there a realistic timeline for such a growth, or is it more of a long-term aspiration? Additionally, what challenges does Degen face in its journey towards this goal, and how does the team plan to overcome them? Lastly, how does the community perceive the chances of Degen reaching $1, and what impact could this have on the overall ecosystem?