My experience has been that language signifies specific attitudes, attracting people with those attitudes. The type of people that "moid" attracts are more likely to view men as not just cultural problematic or practically dangerous, but as people unworthy of equal respect. The thing about people who dehumanize a large social group like that is that they are usually willing to dehumanize people for other reasons, including people they simply dislike. Those sort are rarely fun to hang out with.

The people who use that term also tend to have more regular exposure to people with other awful attitudes. People who are casually transphobic, racist, and "edgy" in a way that goes beyond jokes. In short, 4chan/Twitter regulars who would rather expose themselves to hateful brainrot than hang out in "coddling safe spaces" that aren't astroterfed by Nazis.

Basically, toxic memes attract toxic people, and unlike pepe, there is no good buried under that term worth reclaiming. There are plenty of insults for shitty men that aren't just genderswapped misogyny.