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Instagram joins the Fediverse
(feddit.it)
A community dedicated to fediverse news and discussion.
Fediverse is a portmanteau of "federation" and "universe".
Getting started on Fediverse;
That's basically what I'm getting at. Part of the point of the fediverse is being able to choose both the software you use and the instances you use. I presume that the fediverse compatible instagram app will only be hosted by Meta. If someone is interested in getting into the fediverse for the freedom and choice, why would they use the new instagram as opposed to another fedi software with a similar feature set, such as Pixelfed like you pointed out?