its working as advertised, developer is active, so no its not dead
sure market cap is low at the moment (there are at least a hundred completely useless shitcoins with much higher market cap and that includes alts with market cap in millions)
someone is going through a lot of trouble to make sure market cap stays below 100k
so instead of fudding you should use this opportunity to grab some for cheap,
i sure did sneak in some bids to grab a few here and there