Yes, it's typical propaganda

Don't worry though, it's not like that coin is competition for any other coin. Merged-mined coins are doomed from the start anyway. What's funny is the guys in their community think there's some evil hand forcing the coin's price down, when it's pretty obvious that it's because it's merged mined and dumped non-stop during its inflationary stage. But some are very attached to it and unwilling to let go... they'll lose their shirt on that bet.