I don't think it's dead, I don't think anyone has ever heard of it, yet. I found out about it on accident. I think a tiny bit of promotion would bring many people in.

The coin's early inflation is what was driving the price down, the total coins was doubling every few days, then weeks, I think now it is probably 50 days until it doubles again. But market cap has stayed around $5000 the whole time.

No one is dumping (I'd buy if they were), and only 30% of all coins are on poloniex. Who's hoarding the rest?

And to top it off the hashrate has not dropped much, it is around the same it was a month ago, it did not crash even though the price did.

So I am still very optimistic on this coin. Overtake Donald Knuth's record and you've got a great news story that can make it to programmer circles and gain new interest.