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The biggest problem for NijiEN?
In 2021, nobody knew who they were. They still had tons of potential for growth.
In 2023, the everyone knows who they are, and has rejected them. The potential for growth is close to zero.
And they lost 1/2 their male audience, so they're stuck splitting a miserable 4k male fans between an increasing number of girls. And those male fans keep declining. It is truly a disaster, there is no future for them. At this point the only way they could ever incline is to graduate. The only way up, is down.
