I haven't been as invested in the fandom as I was back in 2011~2013. As soon as Twilight became an Alicorn, my personal investment in the show began to decline. I can't believe the outcry over that event was so long ago now!
That said, I still love the ponies and the show as a whole as well as this fun community that surrounds it! I wouldn't say the fandom is dead at all, since there's still a number of us creating content, posting about ponies, attending online conventions and the like. It's very much alive! It's just a lot more niche, and a lot smaller than it once was.
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