Both don’t have to be mutually exclusive. There’s still a lot of dApps operating with delegation and that could continue despite powerdown. It would be against their own benefit to also power down that because then the feared token crash would happen due to the crashing economy for creators.

Important to keep in mind is that TM operates from the perspective that they are obliged to their STEEM and themselves. Maybe I should even reverse the order there. So they will not just dump it and even if they would want to move out, it would take months, years even before they’ve sold everything in order not to end up with only few bucks. And empowering dApps helps the token value so benefits themselves too.