But right now Dash is receiving an increase in buyers because of the misconception of speculators that Dash is some viable alternative to Bitcoin.
In the same way speculators erroneously conceived bitcoin as some viable alternative to fiat. The whole of crypto is at this moment, a building of misconceptions upon misconceptions, and essentially a greater fool game, where there are a lot of fools, and hence, a lot of money to be made.
I am not agreeing with this. Probably some 100 people could have been convinces about some false concepts. Millions of people will not believe into a ponzi. It is already proven bitcoin is a alternative to bitcoins and people has already started using for real life beyond those conceptual foreseeing theories.
Back to topic, it seems there will be no good supporting news for Dash for this pumping other than bitcoin was on up surging (due to etf). It may fall at any time once those pumpers start profit booking.