Can a chain ever really die. I see this happening in multiple chain projects and I also see the people taking over and developing dead or dying projects into something that Blockchain lovers can be proud of. Is this not what web three is about? The people taking back their power??
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A chain "dies" when nobody wants to run a node for it anymore.
Profit seekers will be the first (and probably majority) to go. Those who are left are either hobbyists or those who actually have the intent to make things better.
I've never run a STEEM or HIVE node, but I've run enough other nodes to know that they require regular care and feeding. People who don't maintain their nodes properly will fork themselves off the chain, etc. It might limp along under the care of hobbyists, but I wouldn't want to be storing any real value in something like that.
I hope Tron does not die. I think they have some decent projects. I just decided not to get into it because what JS did with steem(it).