Understanding DAO Tokens
DAO (Decentralized Autonomous Organization) tokens represent ownership or participation in decentralized projects. These tokens grant holders voting rights, governance influence, and sometimes revenue-sharing. Let’s explore some of the top DAO tokens by market capitalization:
Internet Computer (ICP):
Price: $12.40
Market Cap: $5.75 billion
Circulating Supply: 8,532,922 ICP1
Uniswap (UNI):
Price: $7.52
Market Cap: $4.5 billion
Circulating Supply: 10,931,391 UNI1
Arbitrum (ARB):
Price: $1.04
Market Cap: $2.77 billion
Circulating Supply: 209,798,082 ARB1
Bittensor (TAO):
Price: $392.50
Market Cap: $2.64 billion
Circulating Supply: 99,629 TAO1
Maker (MKR):
Price: $2,722.83
Market Cap: $2.52 billion
Circulating Supply: 15,748 MKR1
Lido DAO (LDO):
Price: $1.88
Market Cap: $1.67 billion
Circulating Supply: 33,382,611 LDO1
Aave (AAVE):
Price: $89.53
Market Cap: $1.33 billion
Circulating Supply: 668,861 AAVE1
Wormhole (W):
Price: $0.6341
Market Cap: $1.14 billion
Circulating Supply: 148,120,936 W1
Synthetix (SNX):
Price: $2.71
Market Cap: $888.24 million
Circulating Supply: 8,324,087 SNX1
Nervos Network (CKB):
Price: $0.01764
Market Cap: $778.53 million
Circulating Supply: 2,084,825,005 CKB1
Conclusion
DAO tokens play a crucial role in decentralized ecosystems, enabling community-driven decision-making. Keep an eye on these projects as they continue to shape the future of blockchain governance! 🚀🌐
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