Even STEEM went close to $7 and many of the features and DAPPs we have today didn't exist at the time. Even if HIVE was worth $100, it would be around the current price of ETH (which is down ~80% of its all time high).
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You are right. I think, Hive need lot of active users. If hive community will gain at least 100k daily active users then Hive regular price will easily touch 10$ even more. Same think happen with steem if they will gain but already they lost many active users. Let's see what will happen with decentralized social blockchain. Personally I'm very bullish with hive🚀🚀🚀