If it drops all the way back to 100, that would be concerning as last time was because of the BSV split. So much more utility on the chain now.
BTC dipped close to $3k the last time BCH was at $100, and the last time BCH was under $200 was because of the BSV split too
Utility doesn't increase price, a wider userbase does
True, but the whole idea of creating utility is to create a wider Userbase. If nobody is using it, then it's basically considered junk.