Takeovers never work out well. Its best to just let it die.
You're wrong. Takeovers often end well.
Examples are such NAVAJO and ZEIT Six months ago NAVAJO 200-300 sat and ZEIT 15-20 ltc.
See how they look now.
no, no one is stupid enough to try to revive this coin so other people can sell out fast...
Of course nobody will dump immediately if there is new development done on the coin. Most people will obviously hold hoping for the coin to get more value, so they can return their investment. People are greedy, don't forget that
. Remember this coin costed 50x more when it was young, and many bought at those prices.
Its amazing! There is about 420M total coins supply. According to Richlist (
http://167.114.13.140:3001/richlist), there are people holding huge amounts- 40M-90M (10-20% of the total supply), and they do not do anything do save their investment. Don't try to find a developer and give a new life to the project, don't even try to offer bounties for someone who will pickup the project. Most people posting here hold just few millions or less of these coins, and the ones who are the most interested in recovering this coin, do just nothing, and silently look for their investment to fade away. Well, probably they deserve it then...
In any case, I doubt someone will pickup this now. This community lacks real developers, there are a lot of fake ones, who open projects, earn some money, then run. There are loads of traders who just want to make easy profit by pumping and dumping (mostly done by someone else). But there is a huge deficit of real developers here. The number of such developers is much less than the number of projects needing a takeover.
Shit-devs are busy with creating new shit-coins.
Serious devs are busy with their projects.
No-one needs to take a project and revive it, unless he is offered a payment. And as the biggest holders of this coin just play dead, nobody will take this over.