Let me first state my opinion, I think it is hype.

Recently, friend.tech co-founder (alias Racer) posted on social media, hinting at the intention to migrate the Friend.tech protocol from the current Base platform, and the crypto community also spread the rumor that Friend.tech was "dead". This is not the end. On the afternoon of May 26, Eastern Time, Racer clearly proposed a "system design bounty" plan in his post, promising that if someone can find a way to smoothly migrate the Friend.tech protocol from Base while ensuring that it will not cause major problems to users and can ensure the stable operation of the system, then they will pay the solution provider a bounty of up to $200,000.

In another post, Racer explained in detail the source of the tension between the Friend.tech team and the Base platform. He pointed out that due to the misunderstanding and smear campaigns by Farcaster's investors, as well as the pressure they put on the team and users, Friend.tech suffered from exclusion in the Base community. This strained relationship led the Friend.tech team to consider looking for a new platform to support the continued development of its protocol.

The relevant posts are currently inaccessible and Racer’s X account has been blocked since posting.

With the news, the native token $friend also fell by 32%. I think this is a good time to buy. The main reasons are as follows:

1. The application experience of friend.tech itself is quite good. It was once very popular and is considered a phenomenal social web3 product.

2. $friend’s current market value is very low, and the price-performance ratio is high. Even if the news comes out, users have no obvious intention to sell it.

3. The address of "Big Brother Maji" has used 4873 ETH (about 15.35 million USD) to buy FRIEND at an average price of 1.9 USD, and has currently suffered a floating loss of 7.54 million USD. Buying FRIEND at this time is like copying Big Brother Maji's bottom line. Why not let him get back his investment and let us double it?

4. We all know that friend.tech has always been very unexpected in its marketing. The little wild cat is more inclined to believe that this is a hype rather than a move by the project party that is forced to do so. #Friend.tech前景预测