i feel bad for ppl buying this as it's pumping lol.
TONS of bag holders incoming

I feel you. The price increase is mostly due to speculations on all the promising updates that will arrive. Everyone expecting an explosion on adaption and that everyone will instantly switch from eth to iota.
IOTA is a great Project, no hate, but markets (stock/crypto) are prone to exaggerate on expectations…
buy the rumor, sell the News as they say
Will invest again once the bullrun on iota calmed down