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.
All airdrops hype follows roughly the same pattern as any other hype. First the price is pumped up, then the price drops. And those who bought at a high price sell the coins in a panic. It's a good time to buy. If you look at Aptos, which reminded me something of a hype like arbitrum. After the dump it could make a nice profit if you buy the coins at the bottom.