The Most Popular Ethereum Altcoin of the Period Crashed 90 Percent After Airdrop!

The native token of decentralized social network (DeSo) platform Friend.tech crashed after the airdrop.

Friend.tech recently moved to its 2nd version and made an airdrop distribution with this transition. While everything was going well in the first hours for the project, which distributed FRIEND tokens to early users, some user complaints caused confusion.

Some users who criticized the platform on social media said that although they were entitled to receive airdrops, they could not withdraw. With this chaos occurring, FRIEND, which was trading around $100, lost approximately 90% of its value, falling to the level of $1.4.

Users argued that they experienced a sudden loss of value from 7-digit figures to 5-digit figures because they could not withdraw their airdrops, and stated that this situation should be compensated.

On the other hand, a cryptocurrency investor named mcSleuth accused the team of not adding liquidity for FRIEND. Although there is low liquidity for the token at the initial stage, FRIEND currently appears to have a liquidity of $ 4 million, according to current Dexscanner data.

It is not investment advice

For informational purposes only

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