Decentralized Physical Infrastructure Networks (DePINs) have gained a significant position in the blockchain ecosystem by linking the real world and digital infrastructure. As per the data from Phoenix Group, $TAO, $EGLD, $RENDER, $HOT, and several others are leading the DePIN projects based on social activity. The analytics firm shared the list of these projects on its social media account.
TOP #DEPIN PROJECTS BY SOCIAL ACTIVITY$TAO $RENDER $EGLD $ICP $HOT $AKT $FIL $DIONE $THETA $TRAC pic.twitter.com/eDWkUliobd
— PHOENIX – Crypto News & Analytics (@pnxgrp) November 16, 2024
$TAO Dominates the DePIN Projects in Terms of Social Activity
$TAO takes the 1st position among the DePIN projects with 9.2K engaged posts and 1.9M interactions. Following that, $RENDER occupies the 2nd place with 8.9K engaged posts as well as 1.8M interactions. It precedes $EGLD which has taken the 3rd place in terms of social activity. The project has recorded up to 8.1K engaged posts. Apart from that, it has witnessed 1.2M interactions.
Subsequently, $ICP’s position is 4th in the Phoenix Group’s list with nearly 7.0K engaged posts. Additionally, the project’s interactions have touched the $1.2M spot. Coming after that, $HOT seizes the 5th place on the list. The project’s engaged posts and interactions have reportedly reached 6.6K and 613.8K in numbers respectively. Along with that, $AKT gets the 6th rank as its engaged posts have touched 2.8K in total. Moreover, the project has also seen up to 376.7K interactions.
$TRAC Bottoms the List with 2.3K Engaged Posts and 215.5K Interactions
Phoenix Group’s list moves on to add $FIL as the top 7th project dominating the social activity. In this respect, it has recorded up to 2.8K engaged posts while the number of its total interactions stands at $552.4K. $DIONE obtains 8th place in the list with 396.4K interactions as well as 2.8K engaged posts. Furthermore, $THETA occupies the 9th position in the list with 2.7K engaged posts along with 329.6K interactions. The last entry in the list is $TRAC as the project has recorded 215.5K interactions and 2.3K engaged posts.
