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The developers of Web3 social network #friend.tech transferred control of their smart contracts to Ethereum’s burn address, effectively locking the system and preventing any changes. đŸ€· 📉 Following this, the token dropped another 26% and is now trading at $0.06 with a #marketcap of $5.6 million. Despite this change, the Friend.Tech web app remains functional. 👀 Launched on August 10, 2023, on the #basenetwork , the platform allowed users to tokenize profiles but quickly lost 90% of its activity within weeks. In May 2024, the team launched a second version and a troubled airdrop, causing the FRIEND token to crash from $169 to $1.4. #CPI_BTC_Watch #DOGSONBINANCE {spot}(ETHUSDT)
The developers of Web3 social network #friend.tech transferred control of their smart contracts to Ethereum’s burn address, effectively locking the system and preventing any changes. đŸ€·

📉 Following this, the token dropped another 26% and is now trading at $0.06 with a #marketcap of $5.6 million.

Despite this change, the Friend.Tech web app remains functional.

👀 Launched on August 10, 2023, on the #basenetwork , the platform allowed users to tokenize profiles but quickly lost 90% of its activity within weeks.

In May 2024, the team launched a second version and a troubled airdrop, causing the FRIEND token to crash from $169 to $1.4.
#CPI_BTC_Watch #DOGSONBINANCE
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