It's true but price attract users, entrepreneurs and developments. The projects that create the most value also depends on the funding. The more price falls, the greater the sell pressure from STINC (they have to sell more to pay their employees) and other DApps. Developments can decease and it can death spiral to bottom. Many bright and promising projects died due to out of cash or lack of cash flow. STINC already fired 70% of employees due to lack of funds.