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
They are turning more and more into Digg.