Do you still think ARB has the capacity of reaching 2$ ? As a few weeks ago it was around 1.80$ ?
ARB has an ATH price of $8.67, so for ARB to reach $2 it can definitely happen, because I think ARB is now a popular altcoin, so many people start to investing in ARB for the long term and when the next bullrun happens, it's very easy for the price of ARB reach $2 or even go back to the ATH price and make a new ATH, therefore if you want to invest in ARB, then now is still the right time to invest in ARB and hold until the next bullrun comes to get a lot of profit.
I think just looking at the past and deciding the future is not a good way, doesn't mean that it can't, I do believe that it could totally do that but I believe that its not a healthy way of looking at it. This was a very highly hyped project and everyone talked about it and too many people loved it and they all did their best to make as much profit from it as they possibly could.
But in the end, we are talking about a project that is new, it has been just what a few months it started? So at the end it may not go back to ATH price for a long time, and even going higher all depends on how much the market moves. We need bitcoin and others to go up as well for ARB to go up, its not going to go up all by itself, if btc goes up a lot, then yeah ARB could too.