The millions sold didn't seem to affect the price as many people thought it would.

A lot of people have been organizing. Here are the current projects going with the newly formed Burst Apps Team - https://github.com/orgs/burst-apps-team/projects

Latest CIP published - https://github.com/burst-apps-team/CIPs/blob/blankey1337-cip18-cip19/cip-0019.md

There is also the Burst Marketing Fund which has just received a 1.2 million Burst pledge. https://www.reddit.com/r/burstcoin/comments/af992u/12m_burst_donation_for_bmf/

Things are coming back together. I have seen some people from the past re-emerging. It will be different than the PoCC's path, but definitely not going to die.