Cookie DAO (COOKIE) Jumps 226% Following Cookie Snaps Launch—What to Know

Cookie DAO (COOKIE), the native cryptocurrency and utility token of the artificial intelligence (AI) agents and data platform Cookie DAO, is up more than 26% daily. This surge follows the team’s launch of Cookie Snaps, an airdrop campaign system that rewards creators on crypto Twitter (CT).

According to data from CoinMarketCap, COOKIE has jumped from $0.154 to levels above $0.190 in the past 24 hours, registering a rally of almost 30%. By the time of writing, the coin’s market cap and 24-hour trading volume had also surged to $99.66 million and $62.44 million, respectively.

Over 514 million COOKIE tokens are in circulation out of the coin’s total supply of 999.93 million. More than 100,000 users are holding the token.

What is Cookie Snaps?

Cookie Snaps is a part of Cookie DAO’s main product, Cookie.fun, which offers real-time data infrastructure and application programming interfaces (APIs) for AI agents. Besides showcasing data about crypto projects, Cookie.fun also provides insights into opinion leaders and creators on CT.

On Snaps, SNAP refers to every social post or action. This product tracks and ranks X creators by their social engagement. As Cookie.fun analyzes AI agents’ data, Snaps serves as an influence ranking tool that rewards advocates who play notable roles in the growth of crypto projects.

Cookie DAO claims Snaps is the first network to reward creators for their trust, intent, and impact, not just hype. The project called Snaps is the proof-of-intent layer on Cookie DAO’s data, as it complements Cookie. fun’s services with a social behaviour lens that shows creators responsible for driving a project forward.

How Does Cookie Snaps Work?

On Snaps, creators earn points by making tweets and engaging on social posts. Essentially, the feature is an on-chain scorecard for social clout with real-time leaderboards and a transparent scoring algorithm. Creators can earn more points by engaging faster and more authentically with posts.

Cookie DAO’s Snaps scoring method combines multi-dimensional signals from a creator’s sentiment, consistency, engagement depth, network strength, and mindshare. A creator’s network strength refers to the number of snappers who joined Snaps using their invite code. Mindshare addresses how much attention a project is receiving on CT. 

Creators are also rewarded based on the engagement metrics and content quality of their SNAPs, long-term alignment with specific projects, and their social activity across the entire crypto ecosystem.

Debunking Myths About Cookie Snaps

Since Cookie Snaps launched, the crypto community has embraced the product. The team revealed that 10,000 creators joined the platform within 10 hours of it going live. As Snaps continues to make waves on the internet, there have been myths about the network; hence, the Cookie DAO team has taken to X to debunk some of them.

Contrary to the myth that creators can only post about one project on CT for their Snaps scores to remain high, Cookie DAO insists that remaining loyal to a few projects within a specific time is okay.

There is also a myth about Snaps being only for large creators. However, the team explained that while this phase is reserved for inner influence circle accounts only, other creators will soon be able to participate.

Additionally, Cookie DAO debunked the myth about Cookie Snaps and Cookie.fun being invite-only, stating that creators do not need invites to join. This clarification extends to the belief that creators not on Snaps cannot use Cooki.fun – the team said all registered users can access the AI agents’ data platform.

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