Hive is not a new coin, Hive is a 4-year old coin. Hive is a Steem fork representing by far the best part of what Steem was. It dropped out of the top 100 - not immediately after the fork, but months after - weeks after everyone powered down.
If this isn't a bad sign, I don't know what you think is. The fork volatility and excitement is over. The power-downs are done. The largest exchanges we can buy listings on have listed hive.
Sure Hive can get back in the top 100. Hey, I'm confident it can. However, I see the slump as a vote from the market about what Hive is currently doing.
We can't ask Hive users why Hive sucks, they are biased. We have to ask people who don't use Hive why they don't use it. Why don't crypto investors and people interested in blockchain and social media use Hive? Especially the people who answer 'yes I know what it is.'
RE: Why the next bull-run will matter for Hive