Social crypto platform Friend.tech has bounced back 23% in the past 24 hours, after last week's launch of its token and version two (V2) of its platform didn’t go to plan.
Last week, the Friend.tech community was in uproar. The airdrop of FRIEND tokens was anything but smooth. Users reported that the claiming process was buggy, and that some new features brought in with V2 didn't work.
Many who were able to claim their tokens appeared to be immediately selling off their tokens, with FRIEND's price tanking 46% from $2.78 to $1.49 in less than four hours, according to CoinGecko.
Since then, Friend.tech is up around 60% to $2.38. In part, the community believes this is due to those who simply farmed the airdrop having immediately sold, leaving the market. However, the SocialFi platform has also made a number of changes to the platform to the joy of the community.
In the coming days, Friend.tech will begin giving a percentage of protocol fees to Club Presidents—a new feature in V2. The project has also added a new price curve option for joining clubs, in an attempt to encourage the formation of larger clubs.
Additionally, Friend.tech is allowing any developer to build on top of the platform using a contract on Base. This has already resulted in a Pump.fun spin-off for Friend.tech, called Fren.trade. It's worth noting that the Friend.tech team will not be auditing any of these products built on top of the crypto social media game.
In the 12 hours since the announcement, FRIEND has jumped by double digits, amid a broader upturn from the token. A sigh of relief for Friend.tech fans after last week's troublesome launch.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
There is no comment, immediately to comment!