A suite of new colors known as GuavaPink, LimeGreen, BananaYellow, and JuniperBlue will pop up in designs, bringing more color into the platform and its apps.
Further reading: https://techcrunch.com/2023/11/29/reddit-rebrand-refreshes-its-logo-as-ipo-speculation-swirls
They’re downward spiral is by this point inevitable. It takes time for a site to fully die and even the the URL usually still resolves, kinda like now MySpace and digg are still around in some form but totally irrelevant