Volume indicates that it is not dying.  
Altcoinstats lists it as the 4th most profitable.
More new wallet holders will jump on board to mine (increased consumption)
Currently middleminers create a large pool of speculative sellers to a smaller pool of buyers.

Freshly mined supply will decrease. This will stop in next block halving.

The sellers will sell at a pace of 600M KARM per day
In approximately 5 days the lower cost KARM will climb in price because supply will contract.

It is pretty exciting that given the current Mintpal Buy side backlog of 21BTC, you can double your money by selling for 2 and buying for 1.  Experience tells us that there will be upward pressure on price.  So get your KARM while you can.