Arbitrum can do better in next bull season for sure, but how much better? Those who bought Matic at 0.003$ will understand what I meant, buying Arbitrum at 1$ is kinda high and I won't expect anything than 10$ or 15x in a bull season, but in future arbitrum will drop a lot because the exact max supply is 10billion, the reason why it keeps this 1$+ is because only 1billion supply is out.
pure speculation , hard to trust a coin that had just bring big in airdrop because mostly there is no big future coming from that as we have seen this many times before.
better to buy other coins than remain waiting unless you will invest the funds that you can afford to lose totally and not those funds that we only pretend to be for risk but the truth is not.