Yes I noticed that too Arbitrum generated a lot of buzz lately, with many exchanges announcing their listings on the platform and some speculating the price jumped by as much as $7 or even $10. While it's exciting to see such enthusiasm, it's important to be careful and not fall prey to FOMO. It's worth keeping an eye on Arbitrum and seeing how it performs in the coming days to exercise caution when investing in Arbitrum despite the hype surrounding the project.
Investing in this project while the hype is ongoing is too risky. We know what gonna happen next when it was over and this is the most reason why I don't encourage people to invest like this, especially when the price is already at its peak as this possibly gives them losses.
Honestly, we can't really underestimate what an influencer can do to a certain project and this Arbitrum is one example among several projects that have been in hype without a valid reason or it was because it is worth it.