Algo really showings good performance within this month of september wherein along with near and pond token, so probably it will make more all time high value until this year end in my personal opinion as it keep showing good results until now despite of some corrections in the market.. Indeed other promising token really affected because of ADA fork nowadays, but this algo seems out of the situation. So expect there will be more progress within this year.
Algo has this weird potential to be huge if it goes well, but also it is just a potential, not every single potential is fulfilled neither. I have seen other projects before that ended up being nothing in the end as well as projects that ended up high.
I for one always said that cardano was a great project because they coded something on it every single day for the longest period, no other project has the amount of github streak that ADA had, so I kind of new it would be big, no idea it would be this big this quickly without even having smart contracts so I was wrong about timing of it I was expecting it to be 1-2 years later but I knew it would be big. This is the same thing, ALGO definitely has this amazing potential and can be top 5 very easily if it is 100% fulfilled but if they fail to do so it could also crash and burn as well like many others.