The market maker is entirely responsible for the sharp drop in Hive's price. They act completely arbitrarily. They can increase Hive's price by 50% in a few hours whenever they want.

Hive changes a lot, but one thing remains constant: the witnesses. The witness rankings change, but the top 20 witnesses have been the same people for many years. There have been developers who strived for Hive's growth. They couldn't get into the top 20 witnesses, lost motivation, and gave up trying. There are witnesses who haven't even posted a single thing on Hive for years. Are they incapable of writing even one post?