I think Hive blockchain is a commodity product. There's nothing proprietary and the entire chain can be replicated. It's more about distribution/branding than uniqueness.
We could wake up tomorrow to a hard-fork that creates E-Hive (like Elon Musk brands it, or G-Hive, like Google Hive becomes a brand) that air drops all Hive users the exact value of what they have in Hive. How many will start using E-Hive instead? Probably, a lot would. Which means that those in the old Hive system will see a great decline in value. And not only would the users jump ship to a new charismatic brand, but so would the dapps.
You probably wonder, so why hasn't that happened yet? The user base in Hive is too small to attract attention. It's a double-edged sword. Hive won't gain in value without the user base growing. If the user base grows to the point of attracting large investor attention, then someone with money and skill may decide it's easier, faster and cheaper to duplicate.
Do I think hive is 100x in 10 years? It's declined 9 times in value in 1 year. The number of active users remains about the same. Most of the new wealth created goes to the top 20 accounts. I want to believe it's a superior product and that superior products always win in the marketplace. But, that's not always true. I will keep playing the game. There's a chance of great return, but at best Hive is a speculative investment.
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RE: My world does not need so many layer 1 blockchain projects