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Phoenix Group, a popular crypto analytics firm, disclosed the list of prominent DAO projects in terms of social activity on August 22. Phoenix’s list of top DAO projects based on social activity takes into account several well-known players among which $AAVE, $UNI, $APE, $MKR, and $LDO are also included. The analytics company shared the respective list on its official social media account on X.
TOP #DAO PROJECTS BY SOCIAL ACTIVITY$TAO $ICP $ARB $RARE $UNI $AAVE $CRV $APE $LDO $MKR pic.twitter.com/dleKJPOjN3
— PHOENIX – Crypto News & Analytics (@pnxgrp) August 22, 2024
$TAO Dominates the DAO Industry in line with the social activity
$TAO leads the DAO market in the case of social media activity. According to Phoenix Group, the DAO project reportedly recorded 7.1K engaged posts. In addition to this, TAO also witnessed 933.1k interactions. Following that, $ICP took the second place in the list. When it comes to social activity, $ICP saw 7.1K engaged posts. Nonetheless, the DAO project’s interactions reached 788.4K in number.
The 3rd DAO project in the list is $ARB. The respective DAO recorded up to 5.9K engaged posts. Apart from that, the interactions on $ARB reportedly reached the 558.8K spot in number. After that, $RARE occupied the 4th place in the social activity-based performance. The project saw a figure reaching 4.9K in the case of engaged posts. Along with that, its interactions touched the 830.1K mark.
$AAVE’s interactions reached 1.3M, Denoting the Highest Amount Among DAOs
$UNI beheld the 5th spot in the list of Phoenix. The DAO project recorded approximately 4.3K engaged posts. Along with that, $UNI also saw 597.8K interactions on its platform. While moving forward, the list includes $AAVE. The DAO project saw 4.1K engaged posts as well as 1.3M interactions.
Moreover, $CRV’s engaged posts touched 4.0K along with 886.7K interactions. Additionally, $APE experienced nearly 3.8K engaged posts. The DAO project’s interactions effectively reached 245.9K. The last 2 DAO projects in the list are LDO and MKR. Both coincidently recorded 2.9K engaged posts. Nevertheless, their interactions touched 183.8K and 280.8K respectively.