ETH is pumping because there will be HardFork on January 11, 2019. The comparison ratio is 3:1, you will get 3 Ethereum Classic Vision (ETHCV) every Ethereum you hold on your private wallet (not exchange wallet). People are buying Eth and hold it until the hard fork happen, that's the reason why ethereum is pumping right now.
Its not pumping because of muh free coins. Ethereum holders arent quite as retarded as bitcoin fans. Its pumping because it is the only blockchain being used.