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The daily new users of Farcaster have dropped from a peak of 15,000 in early February to about 650 currently, with a 40% decline in daily active users

The daily new users of Farcaster have dropped from a peak of 15,000 in early February to about 650 currently, with a 40% decline in daily active users

Bitget2024/09/09 04:29

According to the Dune panel, the growth of new users on the Web3 social network Farcaster has slowed down. The daily increase in users has dropped from a peak of 15,000 at the beginning of February to about 650 now, which is equivalent to Lens. Farcaster's Daily Active Users (DAU) have fallen from a high point of 100,000 in early July to 60,000, a decrease of 40%. Both post count and interaction numbers have decreased by more than 60% compared with their peaks.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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