The swiftly expanding sector of decentralized technologies is witnessing a boom in Decentralized Physical Infrastructure Networks. As per a popular crypto analytics platform PHOENIX, many DePIN projects have emerged to the top based on social activity, denoting expanding momentum and interest in this cutting-edge sector. The analytics company took to its official X account to share the list of the top DePIN projects.
TOP #DEPIN PROJECTS BY SOCIAL ACTIVITY$TAO $ICP $EGLD $RENDER $HOT $WMT $FIL $AKT $THETA $AR pic.twitter.com/fil8PVpRac
â PHOENIX â Crypto News & Analytics (@pnxgrp) August 28, 2024
$TAO Leads PHOENIXâs List of Prominent DePIN Projects in Terms of Social Activity
In its latest X post, PHOENIX noted that $TAO has reportedly dominated the DePIN projects in terms of social activity. It reportedly witnessed 9.3K engaged posts as well as 1.9M interactions. Following that, $ICP has taken the 2nd place in the list with its engaged posts reaching a 6.2K spot. Additionally, the DePIN project witnessed 500.9K interactions. Subsequently, $EGLD stands in the 3rd position with nearly 5.2k engaged posts. Apart from that, the interactions on its platform have touched the 1.2M mark.
The list moves on to include $RENDER as the 4th entry. The DePIN project has seen almost 5.2K engaged posts. Along with that, the interactions thereof have reached 487.0K in number. After that $HOTâs 4.1K engaged posts and 961.4K interactions have placed it in the 5th place in the list. Additionally, $WMT has recorded 371.2K interactions as well as 3.3K engaged posts to reach the 6th spot.
$AR Comes in the End with 2.4K Engaged Posts and 210.3K Interactions
Another DePIN project having the ticker symbol â$FILâ reportedly beheld 527.8K interactions along with 2.8K engaged posts. Then, $AKT has obtained the 8th position as its interactions have reached 346.2K in number. Moreover, it saw up to 2.6K engaged posts. $THETAâs 2.5K engaged posts and 346.2K interactions put it in the 9th place. The last entry in the list is $AR. According to PHOENIX, the DePIN project recorded 210.3K interactions and 2.4K engaged posts.
