Cointime May 3rd News Express
1. The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days
Friend.Tech's Native Token Plummets After Airdrop During Version 2 Debut
Friend.Tech launched version 2 of its platform and airdropped its native token, FRIEND, which initially saw its price rise to $169 before plummeting to $2.5 due to liquidity issues. The new version of the platform includes the Money Club feature, which provides a space for financial discussion and networking, and a new point system. At present, crypto assets worth $29.8 million are locked in Friend.Tech, down from the peak of $52.04 million in early October. The airdrop was a "concentrated airdrop," with leading creators taking the most supply home, leaving retail investors with less than expected.
FRIEND fell below $3, and the ecosystem TVL dropped to the $30 million range
According to DexScreener data, the trading price of friend.tech tokens has fallen below $3 and is currently at $2.31. The current circulating supply is approximately 14.5 million. According to DeFiLlama data, the friend.tech ecosystem's TVL has dropped to the $30 million range, with a 13.6% decline over the past 7 days. Friend.tech was launched on the Ethereum Layer 2 network Base in August of last year. The ecosystem's TVL had once surpassed $50 million and is currently the 9th largest protocol on the Base chain.
friend.tech has opened airdrop token applications, FRIEND is currently priced at $3.34
According to the official website, friend.tech has opened up the airdrop of the token FRIEND for claiming, with FRIEND currently priced at $3.34. Previously reported, friend.tech will release version 2 and conduct an airdrop on May 3rd.
friend.tech: The friendtech website will be temporarily down while we work on a major update
friend.tech stated on X platform that when we are undergoing major updates, the friendtech website will be temporarily closed.
DefiLlama founder: The Block's report that "friend.tech will airdrop tokens on May 5" is fake news
DefiLlama founder 0xngmi posted on X platform stating that The Block seems to have been misled by fraudulent replies to a post by friend.tech's official account, and reported it as fact. Earlier reports stated that friend.tech planned to airdrop FRIEND tokens worth $5 million to thousands of users on Sunday, a few days later than originally planned. These tokens will be distributed to 6,000 wallets on May 5th.
friend.tech postpones $5 million FRIEND token airdrop to May 5
friend.tech plans to airdrop $5 million worth of FRIEND tokens to thousands of users on Sunday, which is a few days later than originally planned. These tokens will be distributed to 6,000 wallets on May 5th. The reason for the delay in the airdrop is unclear, and friend.tech has not yet commented on it.
friend.tech: The snapshot has been completed and the status of points on the chain will be announced next week
friend.tech posted on X platform, stating that data repair and snapshot have been completed, and the point balance has been locked. Canceling or relinking the X account will no longer transfer points. The point on-chain situation will be announced next week.
friend.tech: V2 version has completed the audit and will be released on April 29
friend.tech announced on its social platform that version 2 has completed its audit and will be officially released on April 29th.
friend.tech v2 will be launched on April 29
Friend.tech announced on X platform that it plans to launch version 2 on April 29th, and the relevant audit has been completed.
