Totally agree with that, IOTA is an amazing token, with even more amazing potential. But come on, let's think logically, price doesnt go like that from 0.6 to 2.6 in a matter of week. It is artificial, I am not sure about the volumes on the new Korean exchanges that accepted IOTA, but currently the bag holders are pumping the prices.
I am a huge supporter of IOTA and will re-invest for sure, but not with these insane prices.
The hedge fund/Institutional investors are jumping aboard IOTA probably, this isn't a pump IMO, it's a revaluation coming from outside the old cryptosphere, and will probably continue a bit longer. Maybe a slight retrace, but MK under 10bil is a buy for these cashed up hedge boys.