🚀🌕 Bitcoin enthusiasts, buckle up! Racer, the co-founder of Friend.tech, has hinted at a possible departure from Base, an Ethereum Layer-2 network launched by Coinbase in 2023. The news has caused a stir in the crypto world, with Friend.tech's token taking a nosedive, down 31.4% to $1.02! 📉😱
Racer has put out a $200,000 bounty for anyone who can devise a smooth migration plan for Friend.tech off of Base. The catch? It should not disrupt users' experience. 🧠💰
The relationship between Friend.tech and Base has been rocky, with Racer stating that the team felt "isolated and disconnected" from parts of the Base and Ethereum ecosystems. Jesse Pollak, who heads Base for Coinbase, responded diplomatically, expressing sadness at the potential departure but promising support for Friend.tech's chosen path. 🤝💔
Friend.tech, launched in August 2023, has been a hot topic, attracting both supporters and critics. The platform, built on Ethereum’s layer-2 scaling network Base, allows users to buy and sell “keys” linked to Twitter accounts. 🐦🔑
Despite the drama, Base Network's activity is surging. Its trading volume has surpassed competitors, thanks to popular projects like Friend.tech and meme coins such as dogwifhat (WIF), Book of Meme (BOME). 🚀🎉
According to Dune Analytics, Base currently has 234,199 active addresses, with 38,087 new ones this week. The network's total profit is a whopping $42.7 million, and its total revenue is $58.67 million. 💰🔥
Stay tuned, crypto fans! The future of Friend.tech and Base is yet to unfold. 🍿👀