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Similar to Mastodon's spikes last year, it seems. Anyways, there is data to think about. Source
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this post was submitted on 06 Aug 2023
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Reddit was a long-ish road too. The first wave in 2007 got folks like myself to make their first Reddit accounts but it wasn't until 2010 that people really started migrating over en masse.
Not everyone will switch, but it's likely enough of the more active folks will to fundamentally change its character.