One has to account for world population, and the fact that Justin Sun's success is important to his native country. China is not going to lose face over a fork in a blockchain, so that's a numbers game that will not be easily beaten. The key is to compete for quality, not quantity.
Quality definitely matters. Both sites are tiny on the global scale. Does Sun really care about the platform he bought? I think he may be embarrassed by it :)
He probably doesn't care about it ... but it also doesn't matter. On sheer numbers, just because he is the owner, he will get support in his home country, and, for reference, that's around four times the population of the United States, which is around 340 million.
When you look at quality at X or TikTok, it is very low.
But they get a lot of attention.
Yes ... and if that crowd came to Hive, seeking low quality interactions, we would become TikTok or X like, and a lot of the people looking for better than that would leave. Sometimes on Hive I think that even though we struggle for attention, that may be a blessing in disguise until we meet the audience that truly wants better.