Aside from all the gay shit, the incoherent ramblings, the just general low iq content.... One thing Nick had going for him, until somewhere between the Depp trial and the Rumble contract starting, was consistency. He would stream most nights, and my memory is, he would tweet schedule info (at least until his twitter got banned). He had a weird time slot, without a lot of competition, and he filled a niche in people's viewing schedules. Going into adjacent areas of weebs and pop culture broadened his appeal, or at least his audience.
Going to this, "I can stream whenever," and "I'll do planned content... when I want to" is just a recipe for streaming even less in 2024 than he did in 2023.
My point about Jim showing up to a stream of 10,000 viewers... Rackets maybe could have transitioned to that right after Depp, but more likely, he would have needed a year or two of rock star numbers to fade out. Now, he barely gets Mersh numbers, and his chat is less engaged than people with 1/20th his audience. Without a schedule, he's going to fade into irrelevance. Well, fade if he's lucky- he's much more likely to "flame" out.