Algorand and Ethereum have different communities and usecase focus. ALGO in my opinion will never reach the ETH highs. I exited ethereum mainnet, soon after shelling out $30 gas fees for a $100 worth of DeFi transaction. I therefore hope ALGO will never be expensive as ETH.
Thankfully, “to the moon” crypto enthusiasts have not been able to pull a SHIBA INU on ALGO yet!
I Hope the pump & dump speculators focus on other coins, and not freeze the Algorand usecases.