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

2024-09-09 11:41:25

ChainCatcher news, according to the Dune dashboard, the user growth of the Web3 social network Farcaster has slowed down, with daily new users dropping from a peak of 15,000 in early February to about 650 now, comparable to Lens. Farcaster's daily active users (DAU) have decreased from a high of 100,000 in early July to 60,000, a decline of 40%. The number of posts and interactions has decreased by over 60% from their peak.

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