I think with a lot of projects various people keep working and trying to do what they can but at some point a lot of stuff doesn't have enough money to focus on it full time or even with part of their time. I am one of the top holders of DTC (DTUBE) and we haven't quit on the project but all of us are getting our teeth knocked out by inflation and none of the people still involved did the initial capital raise for that project so there is no actual fund or liquidity to pull from currently. Other projects can be in a different situation but most project were traded against or tied to another underlying asset and when that gets pulled down so hard the well sort of runs dry and to generate the interest and work on the stuff day to day it is tough.
That interest rate is insane and it was yet another BS thing Trump ran on saying that he would take credit card interest rates to 10% temporarily. Never happened and of course not..... the banksters would haven't liked it. They are able to charge insane interest on fake money and they have no reserve requirement.
These are crazy times we are living in and I had to inform my mom yesterday that we are in WW3 and gas prices will likely go over $10 this summer and every business and everyone is feeling the crushing blow. Aldi which has been in the town close to my parents for over 40 years is pulling out. She was trying to say how the people in that town are stupid and don't know how to bargain shop but I told her every business and all the farmers are on thin ice. The numbers just don't work.