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
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.
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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