Those 5 million users didn't seem to come here? We still have improvements to make a layman resume their reddit activity here. This just seems like a loss of the community overall.
But if the same percentage of people come over we are looking at roughly a 10x growth, at a minimum.
The lemmy devs put up a note yesterday. Said maybe 24X, or something close to that. You can see the stats at https://the-federation.info/platform/73. Probably kbin similar. Glad you guys are re-federated now.
I'm not going to cry if there are a lot less people here. Half the real people sound like bots on Reddit and the quality of discussions has hit bottom. No loss whatsoever if that isn't replicated.
I imagine it'll take time to see the full migration. Many users might wait before making an account or even just not be sure which instance they want their account on right away.
I personally took a few days to decide whether I would move or just stop using Reddit like platforms. And after that it took a day or so to decide on my instance and then start actually using a new platform.