Why do some people still have hope for Reddit?

Because no matter how bad it gets, like all successful social platforms, it will stay successful. People will continue to use it no matter how much they complain or criticize it. I regularly complain about Facebook, Twitter, TikTok, etc. But I still use all of them. It doesn't matter how unsatisfied people are with how things are being handled, if most people still see a reason to use it, they will until it's gone.