Gonna have to agree with the Russian floating space can here. The coin is definitely "dead"
I don't think it will totally disappear but it will slowly die off like LTC did. I had LTC at almost $20 each and slowly watched it bleed out to where it is now. Luckily my LTC is now in the form of BTC

The Ethereum is still under good development. The developers are paid for their work, so it will not die soon.