Exactly, the market cap of IOTA is no.7 again, every time it dropped it can revive very soon.
Yep and currently it seems like that there is a ton of support at 0.0001. So there is pretty much no chance that even if the coin gets dumped by profit takers that the coin is going to stay below 0.0001 btc for long at all.
As soon as it goes under 0.0001, there will be people to take in cheap IOTA.
Dev team isn't really doing a whole lot of advertising so that is why there has been virtually no hype on this project.