Friend.tech (FRIEND)
1. Fundamental Analysis
1.1 Introduce
Friend.tech is a SocialFi application built on a Layer 2 network called Base. Its core concept is to transform a user s influence on Twitter into tradable tokens. It is a social trading protocol that is both highly popular and constantly controversial.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | FRIEND | Market Cap | 6469554 |
| Name | Friend.tech | White Paper | -- |
| Web Site | https://www.friend.tech/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://basescan.org/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 92431234 | |
| Supply | 92431234 | Release Date | 2024-05-03 |
| Available Supply | 92422200 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Market has experienced significant volatility with strong opening and closing prices, suggesting strong participation and potential for further price movements. High trading volume on 12-17 indicates strong interest in the asset. The asset has shown a downward trend from late November to early December, but has since recovered slightly. Future trends could see an upward movement, but caution is advised due to the recent volatility and potential for sudden reversals.
