Is it possible for Dogecoin to hit $100?

Could you elaborate on the plausibility of Dogecoin reaching a value of $100? Given its current market capitalization, community support, and historical price movements, is this a realistic expectation? What factors would need to align for such a significant appreciation? Are there any potential risks or challenges that could hinder this potential growth? Furthermore, how would such a surge in value affect the cryptocurrency market landscape, and what strategies should investors consider if Dogecoin approaches this milestone?