The FRIEND token has just fallen 40%, causing concern in the crypto world. Hereâs whatâs happening:
âą The Friend.tech team has given up control of its smart contracts, which might mean changes in how the project is run or a lack of faith in its future.
âą The team mentioned stagnant growth as the reason for the move, making investors unsure about the projectâs direction.
âą Investor Machi Big Brother saw his $16.7M investment in FRIEND tokens drop to just $659,895, showing a 98% decline from its peak.
Will FRIEND recover from this sharp decline? The crypto community is watching closely.
