In analogy: a building that was once a raging fire still burns after it's declared "out". The smouldering however, is not at all comparable to the fire which once attracted attention.

There's no real money entering these projects here. The user numbers are also very small. The community celebrated as most successful (gaming) only has max 3000 users active. It's always optimistic from within a system/platform/project. Outsiders however don't have to pretend to maintain a "positive" outlook.

Market cap is also a very real measure of the state of a crypyo. Hive continues to tank. Overnight a lot of money excited too (which looks very manipulated).. making it clear that crypto is controlled by exchanges. If you're a trader you should buy right now actually because when a blanket drop happens it's usually because a big wig wants to jump in but at a lower price, to then dump the recovery.

As for reasons to buy long though, I don't see Hive as a good option. Because it's a big negative to see coders here trying to attach this chain (and it's sub tokens) to external success. That's not a good sign. That's the equivalent of jumping ship.