friend.tech is online. The price dropped to 1u at the beginning, and then rebounded to 3u the next day.
Before the opening, a big V predicted that it would open at around 10U, and then quickly dropped to 2-5U, and then bullishh all the way up. It is still a little far from this prediction, but most of the friends who took advantage of the airdrop have recovered their money.
Friend is not listed on any exchange yet. It would be a good choice to do LP or participate in its 2% interest event. I think the judgment of friend.tech's prospects depends on the willingness of the top bloggers. If the big Vs who have been deeply involved in FT still operate FT and use it as a private domain platform, the long-term value of the token can be supported, and the DAU of the platform will not drop too much, but due to the disappearance of the airdrop expectation, the influence of the platform will gradually weaken.
From the perspective of competitors, it should be impacted by the more halal farcaster community. Farcaster has become the largest daily active application on base. Various applications can be developed on it, and it is deeply loved by the degen community.