Is this coin used in real life for micropayments? Nope. Look at their blockchain: latest 24h less than 2k transactions.

Is this coin pumped with low volume like it happened to most coin lately and will it dump hard to latecomers? Sure.

Is this coin paired just in bad exchanges (worst ones, new ones too)? Yes.

Does this coin really can do 7000tx/s as advertised? Just at certain conditions: so no.

Will this coin ever be considered by serious exhanges like Bittrex? Nope. They don't want to go down because of just one coin unsafe consensus system (too much client side works, easily floodable if not putting many barriers). See also Cryptopia delisting because it was crashing all the exchange.

Is this a classic pump and dump so hard you will remember all life long? Yes. Sell now and you'll have your lambo. Hold for nothing.