I think the fact that the btrex is, essentially, a completely isolated market for AEON is causing major price distortions (in both directions) though I do think the overall pump is due to increased interest in the coin.

I don't think anyone can really even speculate on aeon pricing until the wallet opens back up on bittrex. But my gut is that aeon is worth more than $2 but less than $5 at this point.... It has value and is a viable coin.

potentially major short-lived arbitrage opportunity once the wallet opens back up though!

Edit: clarification... I think it's worth more than 2 but less than 5 at this point prior to any rebase... after that who knows.