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Has Reddit’s traffic really quadrupled in 6 months?
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I think its that many people didnt really leave reddit, some migrated to lemmy, some to discord, some to other small sites, and some just quit that style of website.
Lemmy definitely is still pretty small, but i think its growing pretty well (i remember checking it out years ago and it being a super tiny niche site). It takes time for things to set up & for users to get comfortable and grow communities they care about. Organic growth is slow.