According to Messari's annual report, 2022 is poised to be the year of the DAO. As of April 15, the number of DAOs has surged to 4,833, with assets under management (AUM) skyrocketing from $920 million in May of the previous year to $11.8 billion, marking a remarkable 1182% increase. Notably, there are now 169 DAOs managing over $100 million in assets.

The recent surge in Cult.DAO's token value on the secondary market has piqued the interest of many, prompting a deeper examination of the project's underlying principles.

Cult.DAO made its debut on Twitter on January 20, 2022, and within just over two months of its inception, it experienced a sudden surge at the end of March, soaring an astonishing 365 times in just nine days. Various factors, including the significant wealth effect, the aura of mystery surrounding the project, key opinion leaders (KOLs) acting as "guardians," and ideological endorsement, have contributed to Cult.DAO rapidly emerging as a prominent topic of discussion across major communities. alight motion mod apk