An app used by 10 million people is not going to take HIVE to $100. 95% to 99% of HIVE's value comes from it being used by traders to get their hands on more Bitcoin unless Bitcoin goes way beyond a million dollars. Entirely organic valuation of HIVE in the single digit dollar range would probably require hundreds of millions of users. Twitter is capable of squeezing about $9 of revenue from one monthly active user PER YEAR. RC's would have to be dirt cheap to attract that kind of crowds.

HIVE's current valuation is outlandishly high. 40,000 or so monthly active users. A market cap of over $100 million. Ridiculously high. The only reason it is that high is because it's listed on exchanges where has a trading pair against Bitcoin.