Are New Social Sites on Hiatus?

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Is it just me, or does it seem as though there are fewer new social media sites coming out than ever before?

Each day I take a few minutes to look through social media blogs and read about trends that other bloggers are noticing. I feel as though I used to hear about a new site that I had to check out at least once a week, but in the past few months… nothing. Sure, current social media sites are improving, changing and tweaking their sites, but there has been a long chunk of time in which no new up and coming social sites have emerged.

Maybe people feel that the current sites are doing everything that users need or are unwilling to switch sites?

I have seen that younger people are utilizing Instagram more frequently, and many apps are based around that to give Instagram more variety. Mobile apps are appearing more often, so it could be that new social media sites aren’t popping up because of the increasing number of mobile apps that work in conjunction with the current social media sites (eg: Pic Stitch, Rhonna Designs…)

[RELATED: http://techcrunch.com/2013/10/30/facebook-teens-drop/ ]

These are only hypothesis, so I could be wrong, but I would love to hear what you think. Have you heard of a site that people should check out? Do you think mobile apps are the new social media sites?

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