Emercoin had potential to grow but they kept associating with scam providers i.e hash coin, polybius etc. Thus the steady decline. I personally hope it hit 1sat, sorry investors but your homie sucks. Am sure the fat face CTO doesn't care though, all the money him and the boys have scammed from their various endeavor is enough to keep his face stuffed for three lifetimes.
Your assumptions are far from the truth. If you don't like Emercoin then sell your coins. Plain and simple. Development is always happening behind the scenes. We simply lack the multi-million dollar media machine that other projects rely on for speculation fueled bubbles. Emercoin is more about substance than multi-million dollar media and advertising hype.