Irrespective of the bear market in altcoins, what's mind boggling is that plenty of people doing the building are also suppressing the price by dumping on the market. It's hard enough to keep up with inflation alone. Now people are powering down and exiting, which adds additional pressure.

The user base seems to be a bit fickle and cyclical too.

That being said, these big entities like projects amassing SP need to have some percentage of that SP pointed at some of the better curation trails.