EMC2 is developing, slowly but steadily. There has been a takeover by a new team a few years ago, after a period of near-death. But of course the general crypto-hype has helped. Fact is that in the years EMC2 has gained quite a large adoption base.
What is missing to MTNC now is a widening of its adoption base. This is crucial for the value to go up instead of down. The team should focus on that IMHO.
Adoption has been a major problem on majority of cryptocurrency. What missing on MTNC is the constant community interaction from the devteam and lack of community participation in the discussion. Most people who receive their coin for free didn't help much on pushing this coin and helping with its marketing.