India did this and Instagram reels is the main one that benefited. Probably be the same for US if it pulls through on this.

This is just factually untrue with the numbers lemmy by itself has being having. Not to say anything of Mastodon and et al. There wouldn’t be a mass exodus of highly engaged folks from reddit to lemmy if users just didn’t move anymore. Threads got big but then instantly deflated to a much lower number immediately.