The last major holdouts in the protest against Reddit’s API pricing relented, abandoning the so-called “John Oliver rules” which only allowed posts featuring the TV host. It's the official end of the battle. The Reddit protest is over, and Reddit won.
Major social media platforms don’t just explode and go extinct, they slowly slip into irrelevancy.
Digg still exists, no-one cares. Tumblr still exists, no-one cares. Myspace still exists, no-one cares. The list goes on and on.