and because of...? No real news there. Yes development is ongoing, SDK 2.0, 3.0, 4.0 in alpha, beta, omega-phase; President Max Kordek´s latest Reddit posts are all about stuff like "12 Exchanges to Buy LSK!", "new exchange!!", "new trading pair at!!!"-blahblah. Not really impressed.
Yeah, it looks like a pump and dump on only name recognition via the BTC pump. Much like Siacoin is doing IMHO, with no REAL progress on anything of note to justify such.
I'm letting mine ride, I got in on the ICO on LISK and the siacoin was extra from miners sold (for what I had in when sia-tech 'sneakily' changed the algo to make late machines briefly profitable)
The last of my 'dubious' coins above, so again, letting it ride till I say NO MAS and dump