Agree with you. A lot of news, no price jump, only downward https://poloniex.com/exchange#btc_xem
I'll be interested to see how it acts if/when there's a generalised alt pump. I'm going to give it to the end of the year to see if there are any signs of life. It's not looking good but things can turn on a dime.
But that in itself is frustrating and depressing. After all this time it's still picked up and dropped again. It's gained effectively zero traction.
If nothing much happens it may be time to stick a fork in it.