Some people have an addiction to switching labels. If you're on any social media platform, chances are you have seen someone (or several people) change labels multiple times in a relatively short period of time. There's people who mislabel themselves, that's all well and good, but there's a difference between that and going from gay to pansexual to asexual to genderfluid panromantic heterosexual in a span of six months. I don't think that most people who do this are consciously aware that they desire the attention and validation these types of declarations tend to come with (I refuse to call this charade "coming out"), but I do think they obsess too much over finding "their true selves", that label that will finally feel right and make them feel happy and liberated. And a new one will provide that, at least for a while, what with the online communities pouring their support and affection on you after you start to identify with the same label as them.
I think that's part of why the genderist movement appeals to so many: you can just keep making up new identities, sexualities and labels to define every little part of your personhood, and every time you slap a new one on yourself, you will get an army of people congratulating you for your bravery, giving you likes and sending you love, making you feel like you're understood and supported for as long as the rush of validation lasts.
A big part of this is also a misunderstanding of how labels work. Labels used to describe material realities are supposed to describe you, not to make you feel comfortable. You shouldn't focus on them to feel good about yourself, because that's not how they work. That's why we get a hundred labels to describe bisexuality and "woke" people from all orientations switching their identities constantly every time they hear about one that appeals to them more. LGB people talk about feeling liberated once they come out, but that's because of the feeling of being able to accept their reality (at least to an extent) and to stop trying to force themselves to be something they're not. Most LGB people initially don't feel comfortable with their attractions and struggle to call themselves gay, bi or lesbian.
I do believe it's good to take pride in who you are and accept yourself, but trying to dissect every aspect of your desires and personality in order to fit them into new microlabels will exhaust you and do more harm than good.
The saddest part of this is that there's LGB people who are changing their labels to be seen as more "normal" or "woke", since they feel like they will be less accepted if they keep calling themselves gay, bi or lesbian.