Seems like this coin has turned into complete bullshit
no development
no market activity
no community
DOA
sad to see an original go out this way.
Founder has abandoned it for the next short lived (rebrand) P&D scam.
Development restarted over two years ago with the creation of the Peercoin Foundation which greatly helps the development of Peercoin. Since then, Peercoin has released v0.6, v0.7, as well as continuing work on v0.8 which brings Peercoin up-to-date with all the latest Bitcoin developments. All of this has been quietly and intensely worked on largely by community volunteers, and in addition, the Foundation has hired one permanent developer. All of this without much promotion or marketing which is why many make the same assumptions you have. Other developments have included PeerAssets (our asset layer solution), Perpera, and an updated and new website.
In terms of community, Peercoin has maintained its forums (talk.peercoin.net) for six years and that is where it remains most active. regardless of the bear market reducing most community's activities to zero. You can read about developments on the updates section of the forum. If you want a more comprehensive background, a community member recently updated his history book which can be found here:
https://talk.peercoin.net/t/peercoin-history-book-2012-2019/8980/93 (various versions).
With so many projects in the space and with the bear market, it can be difficult to keep up with all the developments of so many projects, so I recommend checking the forums, the GitHub, and at minimum following the Twitter. Our Discord and Telegram are both active and linked and you are encouraged to come say hi. Otherwise, we will continue to work quietly in preparation for things to come.