Someone just has pumped hard this token. May be developers or some group of moneymakers, may be exchange... But it seems the end of pump as volume is going down already. Hope all small good blockchains will pump a lot too soon.
If you don't have EGT already, it is not a good time to step in, and buy it, due to recent pumps. I think that it is better to patiently wait for the price falls back to buy the token. Patience will help you and others have better or best price to enter; and being FOMO investors now are risky, too risky, IMO.