Why IOTA price is going to the moon?

IOTA last week announced about launching Internet of things exchange market. They have close partnership with Microsoft, Fuji and other famous IT brands. IOTA should be solid coin with solid investors.

IOTA already reached ATH $3.3!!! Now struggling in small DIP. But it will go up because of IOTA mania over the world.

It looks like the money from ETH goes to IOTA. Also, money from all altcoins. After IOTA reported they're cooperating with governments - it's all cryptomarket needs