People were subscribing at the $49 plan because they were using $1000 in tokens worth

Companies were just eating that $951/mo loss so they could gain market share by burning their nearly endless pile of capital.

Now were on the cusp of the bubble bursting so the dominant players are now trying to extract revenue via rapid enshittification.

It's not price fixing, that would be illegal, it just so happens that they're all changing their business model at the same time. If they were doing illegal things there would be an investigation.

In completely unrelated news, didn't you see the nice ballroom plans?