Its not dead. It technically won't die until bitcoin is dead, because it is also bitcoin.

What would be a real bummer is if the counterwallet servers went down.

I followed this thread since near its very beginning, and people were always pretty pissed off here.

And for good reason. Since November 2014, its price in terms of bitcoin has pretty much only gone down, especially starting January 2018. Think... having to destroy bitcoins in order to get XCP... The idea seems ludicrous now.

Unlike most other coins, it hasn't started to come back up, and its mainly due to the fact that its just a lot easier and cheaper to create and move tokens on different networks these days.

Back in the day, Counterparty was the first of its kind. I thought it was going to be a smash, but outside of the whole "Rare Pepes" thing, it just never really caught on. Ever since Ethereum has been in the game, people go elsewhere to create and trade tokens.

Having to place an order on the bitcoin blockchain for an XCP token is what I think was its least attractive part.

It was a brilliant idea, but just never found its place in terms of viable use cases. In any case it will never die so long as you can trade XCP on its own DEX.