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 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 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 $FRIEND airdrop sellers out, friends in, $10 soon$1B+ for top 3 social app in crypto is the minimum pic.twitter.com/8HsdGCTVPM— Ansem ️ (@blknoiz06) May 10, 2024In 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 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 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.
