I don't believe all those kids using TikTok have the faintest clue it's "a weird Chinese app".
And that just spelled the death toll. Why would a creator stay on one platform when the other is paying them? Consumers bemoan the constant bombardment of ads and now data tracking, but those are the costs of business if the user isn't directly paying a subscription (something services like Patreon and Onlyfans would take advantadge off around this same time that Vine was struggling. So Vine had potentially more than one way out). And if you don't/can't, some other billion dollar coporation will happily sell their soul for the trillionth time to outcompete.