It seems that way. It isn't new money entering the market, as chart data across Poloniex, BFX and BTC-E shows the biggest inflow is BTC/ETH. It's just the same

It seems that way. It isn't new money entering the market, as chart data across Poloniex, BFX and BTC-E shows the biggest inflow is BTC/ETH. It's just the same old speculators getting in on the rush of a cheap alt-coin with better technological potential thats riding on some good news about its partnerships. It's a bubble, but who knows where the top is.