For $ARB I can say that the coin can perform well if the project managers bring future utility to this coin.

But for now it's just a token that you buy when you think there will be a rally in upcoming days if you are a sane investor.

Utility is everything in the Crypto market and for now $ARB is just a governance L2 token which can be overthrown if a good utility token performs well.

Remember one thing in the Crypto market everything pumps but survival in long term is the key for projects 😁