Buying arbitrum below 1 dollar could be great deal although price already increased a lot for recent market movement. Arb launched few months ago and become top leading altcoins in crop Crypto market as it has potentiality, prospects and strong fundamental with excellent community. I think this is just a start cause $1 is still cheap for it as this potential Altcoin deserve more value to gain and i guess, soon it will be do so cause bull is colse enough to come. It could increase more than ether
the thing with layer 2 tokens there are too much competition that I think the rise in term of value would be difficult but we all know that sometime the price could randomly shoot up high enough without even proper reasoning, optimism has risen quite a it this week and i think arbitrum is just waiting for its chance to go high just like the other but we already having quite many L2 waiting to release like linea, zksync and now blast sometime I think could the market sustain the appearance of these many L2, will the next year also have many L2 releasing we don't know for sure but considering that ethereum is still leading the way with its blockchain despite the high gas fee might open up opportunity for L2 in general to grow.
regardless arbitrum still have many potential, it hasn't even reached its true all time high so I guess its still deserving investment.