This project seems to be in lot of trouble right now. Better do some serious research.
I think you're right. Not only because the community is still there and big enough, the project left by its founder will be destroyed, it is seen as bitcoin. But the H20 is far from successful. So many similar coins are still fresh with people who are ready to be developed. I don't say this H20 coin failed, however, the effort that will be needed to develop this coin is not easy. I am waiting for the next news.