Hive has less inflation and way more utility. Yet, it fails to inspire the masses. If anything, I think Doge is simply an infinitely superior meme to Hive, which is what the Internet wants. Who needs utility, right?
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Hive can not inspire the masses, because the masses never have heard of it.
Nor will they under the current conditions.
Hive could be inspirational if it worked on messaging, a end-user story and actually promoted it's self, but we are busy getting pegged.
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masses don't care about utility, decentralization, censorship... masses care about numbers go up. we had over 200k of new accounts in 2 months, it is easy to guess when that was.
well doge is a veteran crypto coin, created as a meme and works great as a meme. from what i know they also pushed it hard some years back (sponsored a racing car and all kinds of crazy stuff). also Elon mentioning it all the time helps.
being early helped to be listed all over the exchanges.
as long as it is making money for people they don't care about utility, when it stops they will. If any of the big wallets decides to take profit it will end bad for a lot of people. mining 14.4 mill a day with price of 0.7$ means that they are not selling at the moment.