A prime analytics platform, Phoenix Group, has not too long ago shared the listing of outstanding DePIN initiatives by way of social exercise. DePIN narrative is among the many prime 5 crypto narratives on this bull run. Phoenix Group’s listing of DePIN initiatives takes under consideration TAO, RNDR, FIL, ICP, EGLD, WMT, DIONE, HOT, AR, and AKT. The analytics agency revealed the respective listing on its official social media account on X.
TOP #DEPIN PROJECTS BY SOCIAL ACTIVITY$TAO $RENDER $FIL $ICP $EGLD $WMT $DIONE $HOT $AR $AKT pic.twitter.com/I7co2L2qvY
— PHOENIX – Crypto Information & Analytics (@pnxgrp) August 18, 2024
TAO Tops the DePIN Initiatives Primarily based on Social Exercise
The listing takes under consideration a few indicators for social exercise. They bear in mind engaged posts in addition to interactions. Engaged posts reportedly measure the cumulative posts receiving interactions within the twenty-four-hour span. However, interactions bear in mind a number of socially-driven engagements. Furthermore, additionally they embody actions like upvotes, retweets, feedback, and likes.
As per the info from Phoenix Group, TAO is the highest among the many DePIN initiatives which have most social exercise. The undertaking has seen as much as 7.2K engagement posts in addition to 1.0 million interactions over the latest 24 hours. After that, RNDR gained the twond spot with almost 5.8K engagements posts. Moreover, it has witnessed 371.5K interactions in the identical timeframe.
Following that, FIL stands within the 3rd place within the listing of DePIN initiatives with most social exercise. It has reportedly recorded 5.6K engagement posts with 558.0K interactions. Along with this, ICP obtains 4th place with 5.6K engagement posts. The DePIN undertaking’s interactions have reportedly reached 869.2K within the above-mentioned time. Coming within the 5th place, EGLD’s engagement posts touched 4.8K in quantity. It moreover beheld 952.0K interactions.
AKT Comes Final within the Checklist with 2.5K Engagement Posts and 279.5K Interactions
WMT recorded 3.0K engagement posts and 246.9K interactions, putting it within the 6th place. The 7th undertaking within the listing “DIONE” noticed 2.7K engagement posts and 289.1K interactions over twenty-four hours. HOT seized 8th place with 2.5K engagement posts together with 162.2K interactions. AR’s engagement posts and interactions reached 2.5K and 252.2K in quantity respectively. AKT has taken the tenth spot within the listing with 2.5K engagement posts other than 279.5K interactions.