Friend has fallen by over 90% in value since FriendTech airdropped the token while debuting version 2 of the web3 social media platform.
FriendTech’s native Friend token has dropped sharply from its brief peak at $169 to now trading at around $1.6, marking a fall of over 99%, according to DexScreener.
Most of the selling took place while several users said on X that they were still unable to claim the airdrop. "Watching the value of my airdrop go from 7 figures to 5 figures in the span of 2 hours while I keep refreshing the page trying to claim....still can't claim. Adds insult to injury," crypto investor Luke Martin posted.
Earlier today, the token was opened for trading on FriendTech’s own DEX offering via Bunny Swap that’s accessible via the app.On Friday, decentralized social platform FriendTech airdropped its native token while unveiling version 2 of the platform.
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