Friend.Tech Sees Resurgence in Activity and Value Locked with Possible Token and Expansion Beyond X
Friend.Tech, a social app based on blockchain technology, has experienced a resurgence in activity and value locked, with over $7 million flowing into the platform in anticipation of new developments. The app allows crypto personalities on X to issue "shares" for access to closed group chats, where they can offer trading insights, token picks, and access to seed-funding deals. The upcoming version 2 of the app, set to be released after April 20, will expand the platform beyond X to attract new users, and developers have also teased the possibility of a FRIEND token. Despite a drop in activity following its initial success, Friend.Tech is now generating over $600,000 in revenue from weekly fees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dow, S&P 500, Nasdaq rise on relief over Israel, Iran
21Shares Adds Five New Crypto ETPs to Nasdaq Stockholm
In a continued push to capture the growing appetite for digital asset exposure in the Nordic region, 21Shares AG has expanded its presence on Nasdaq Stockholm by cross-listing five additional cryptocurrency exchange-traded products (ETPs).
Strategy Acquires 10,100 Bitcoin in Million-Dollar Strategy
Dogecoin Hits $1 Billion Trading Volume Amid 46% Price Surge
Trending news
MoreCrypto prices
More
