The crypto market continues to evaluate DAO projects through social activity measurements. A PHOENIX report highlights the leading position of Internet Computer in this segment.
Overview of Social Interaction
According to the PHOENIX report, the Internet Computer ($ICP) project holds the top position for social interactions, with 4.9K engagements and 499.9K engaged posts. The TAO platform maintains high activity with 4.8K engagements and 939.7K engaged posts. Arbitrum's ($ARB) metrics show 4.8K engagements resulting in 281.7K engaged posts.
Performance of Leading DAO Tokens
Social activity in the ApeCoin ($APE) community remains strong, with 3.8K engagements and 311.9K engaged posts. Uniswap ($UNI) shows its impact in the DeFi sector, achieving 3.0K engagements and 312.6K engaged posts. Rare ($RARE) attracts high engagement with 2.7K, while Sky ($SKY) drives 2.6K interactions, with $RARE accounting for 267.9K and SKY at 136.9K engaged posts. Aave ($AAVE) and PancakeSwap ($CAKE) demonstrate stability with 1.8K and 1.7K engagements, respectively, keeping user participation active.
Community Activity in the DAO Sector
The People ($PEOPLE) project maintained 1.7K engagements and produced 112.4K engaged posts, indicating ongoing discussions within the community. Research confirms that DAO projects continue to advance in the crypto market, fueled by strong social activity and community engagement.
High social engagement metrics serve as a basis for assessing community strength and some investment sentiments. DAO projects demonstrate growing popularity in implementing governance systems based on user involvement.
