SimilarWeb has just released traffic estimates for June. According to these estimates, Reddit’s traffic has seen a 3.36% month-over-month decrease.
For comparison, here’s how traffic has changed for other popular social networking websites:
- Discord.com: +0.51%
- Twitter.com: -1.65%
- Instagram.com: -1.35%
- Facebook.com: -3.18%
- TikTok.com: +0.77%
- Pinterest.com: -2.27%
- Youtube.com: -2.02%
Source: https://www.similarweb.com/website/reddit.com/#overview
A large number of people joined Lemmy before July. The user based for Lemmy jumped by 1600% if I remember right before July 1st
A 1600% increase in Lemmy could still be the result of a 3% drop in Reddit. There’s a massive difference in scale between the two sites.
As per the above comment, a single stat rarely paints a complete picture.