This, like all delistings, was front run. Monero is a spending currency so pain was limited for those who use bitcoin as store of value.
As long as monero stays private and holds its price vs btc better than physical currency of user, its serving its purpose.
I've seen this a lot recently. Perhaps it's true. however I think this argument has to contend with some brutal facts of money. a shrinking liquidity shinks its acceptibilty, and dimishishes any valuable properties it may have.
The question really is : can it survive in its niche and avoid obscurity. Time will tell ~
