I mean it literally has to be, the whole point of uncovering some conspiracy is to find evidence that the world is not what it seems, this allows one to embrace the stories their brains write to explain why they're constantly anxious, depressed, hopeless or scared. Conspiracism is a response to emotional states, and in fact most of our beliefs and experience of the world is guided by our emotional states, it's just that most of the time we can connect together narratives that we can all agree on. Sometimes people split off and decide to start agreeing on new things because they think some hidden truth is the real reason why they're miserable.