Seeing a steep falloff of view counts over the chapters of a linear story is guaranteed.
The intro chapter gets a ton on hits, but assume most of those are people wanting a better look at the thumbnail or just wanting to the “about” in the sidebar to get a better synopsis.
I have a very small number of stories that I will rush to read the latest chapters immediately. (Like yours!)
More often I am grazing on multiple stories, sometimes forgetting which ones I am behind on. So there is a long lag for interested readers to ever catch up.
View counts are a little more useful in judging which story branches are getting explored more than others.
Yeah, I'm not sure what to make of views. I've noticed the initial drop off in all three of my stories. In my fantasy story, the intro currently stands at 1,132, while the second chapter drops to 401 views, for a difference of 731.
In my sci-fi story, the first chapter has 1,224 views so far, and the second chapter has 602 for a drop off of 622.
The third story, which is far more sex orientated and fetish fuel, like
@Gambio mentioned, has initial views of 4, 828, but it immediately branches. One branch got 2,115 in the second chapter, and the other got 973. Added together and subtracted from the first chapter, that's a loss of 1740 readers. By pure numbers alone, the third story would be the one people keep up with the least, despite it having way more likes and favorites than the other two.
But there's also other things to consider, like the fact that the fantasy story has a prologue and the sci-fi story jumps straight in.
So it's all very difficult to assess and I largely try to ignore the views, especially since my stories have been up less than a week. Doesn't stop me from thinking that if the story was compelling they'd at least be motivated to check out chapter 2, but I try to ignore that voice.