It might feel like forever in internet time, but it’s only been two and a half weeks since the thing imploded and two weeks since the rescue operation was called off after finding debris from the Titan. Two weeks is lightning fast for a company to formally shut down in response to something like this, especially when you consider that the company’s employees have been grieving the death of their CEO/friend during all of this.
As for the ages here, the people most likely to migrate are the long term Reddit users that have had an account using third party apps since 2010 or so (because younger people have only ever known the official app). That self selects for anyone that was old enough to use Reddit in 2010 back when the user base was mostly high school / college / recent college grads. Someone in their late teens / early 20s back then will be in their 30s now.