No, this is the classic "dead shitcoin" pattern where people lose interest after the first pump and dump and the value never goes back up again. The only reason it still has volume is because the bag holders are cutting their losses.
Wrong, OP is right. You are the guy that always misses all the pumps. ETC has a lot of volume and a lot of people interested in it getting pumped again. It does not matter how much it will take to pump, it will pump.
All the idiots calling LTC, DOGE, XMR, MAID... (and the list goes on) dead coins, are the idiots that don't load up on the accumulation periods.