There's a "rising tide lifts all boats" effect going on, and so there's more buying and less selling across the board. A lot of new money in crypto that doesn't

There's a "rising tide lifts all boats" effect going on, and so there's more buying and less selling across the board. A lot of new money in crypto that doesn't have a handle on what makes a coin potentially valuable and so money is being thrown at everything. ICOs are big now because of the same exuberance that is driving up the prices of everything else.