2 Comments

  1. 3$ to 0.07 😂 pure scam. I remember twitter kols just shill it all over

  2. coinfeeds-bot on

    tldr; Friend.Tech, a decentralized social media protocol, transferred control of its smart contract to Ethereum’s null address, effectively ending its control over the project. Despite initial success, the platform’s popularity and revenue plummeted, with only $21 generated in the last 30 days. The native token FRIEND also dropped by over 47% following the announcement. Challenges such as sim swap attacks and mismanaged plans contributed to its decline. The move has drawn criticism from the crypto community, with some viewing it as a failure to develop a genuine social finance project.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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