Yeah, that's what I was thinking. It probably doesn't really matter if it's bot-votes or other forms of reward streams (I haven't looked, but I suspect that Hive's curve would look similar). Maybe investors are looking for steady, predictable returns more than growth. Just like dividend stocks vs. growth stocks.

Although, to be fair, we're still seeing swings of +/- 20-60% in the last year, so even if it's down from before, there's still a lot of volatility there.