Yep, there is a lot new money coming in crypto, total market cap is over $550 bil. Also, investor are finally trying to diversify their portfolio, that's why most of altcoins and tokens are also rising, not only Bitcoin as it was in the past few months.
Yeah, and if we base the price rise on the effect of new money, and diversification, then I think we can expect the entire 2018 to be the same. Even more new money, and newer money from old money going into alts to hedge their Bitcoin bets. Can you imagine what new investors did for Litecoin when they finally found out about it? So now the trick is,,, which new coin will be attractive to newcomers? Let us not talk about technology, but talk about what speaks to investors. I think they liked the fact that LTC's dev was someone they knew, someone smart, and whose dev community is not split.