Friend.Tech has seen over $1M TVL loss in less than 24 hours. And plans to leave the Base network for its own chain, followed by news of a reversal, further destabilised the FRIEND token, hitting a new all-time low. Is it time to say goodbye to Friend.Tech?
KikyoThe decentralized social platform Friend.tech's token FRIEND has been continuously falling since its launch in May this year. In the past month alone, it has plummeted more than 56%. This has resulted in substantial losses for the well-known artist Machi Big Brother Huang Licheng, who repeatedly bought in, anticipating FRIEND to reach $10. Currently, his FRIEND holdings have an unrealized loss of $7.7 million.
AlexThe token is currently trading at around $1.66 with a market cap of just over $155 million. On Crypto Twitter, the debate rages on as to whether FRIEND is still undervalued, with both sides engaged in heated debate.
JinseFinanceFriend.tech has once again led the market with its V2 version. Can it escape the SocialFi Ponzi trap this time?
JinseFinanceOverall, the V2 update provides a better user experience and a comprehensive environment.
JinseFinanceThis article studies four different social protocols and platforms: Farcaster, Lens, Friend.tech and Focus, focusing on how they build new web3 social experiences
JinseFinanceFriend.tech TVL dropped to US$33.98 million, a 19.5% decrease from US$42.25 million on November 18, within the last two days.
OliveAn elaborate online scam impersonated a reporter from a well-known media outlet to conduct a fraudulent interview, tricking the victim into clicking on deceptive links that stole sensitive data and compromised his account.
JoyDespite its meteoric rise since its launch, Friend.Tech has sparked a chorus of commendation within the crypto realm but also some voices resonate with a foresight that probes the possibility of burnout.
CatherineFriend.Tech, a decentralised social media platform, is a creation that melds technological prowess with human interaction, and orbits around the idea of crypto personalities — in short, the transformative utilisation of "shares" as digital assets.
Catherine