Elon Musk's X is losing users in the U.S., UK, and EU. X's own data proves it
mashable.com
mashable.com
I use reddit from two computers, one logged in, the other not, and haven't noticed any difference except the obvious features that require login (commenting, voting, subscribing).
That 6% drop doesn't prove that SimilarWeb was right when they claimed a 20% drop in the US and a 33% drop in the UK.
in the past I might have said "legions of effective moderators. You can't just flick a switch and implement that on a Twitter clone".... but now?
The technology is easily replicated, so there are lots of alternatives. But no one alternative is overwhelmingly obvious, so the number of users on each is small. Even if half of Twitter's users fled, the sum of other sites' values will still be much smaller than the remaining half.
It may be that a Bluesky or Threads or some such will eventually reach a threshold -- especially if they can be inter-connected and benefit from the increased size. But that only happens of X is really unpleasant -- which apparently, it is.