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FRIEND Token Airdrop Plummets: A Bumpy Ride for Friendtech | Token Map

FRIEND Token Airdrop Plummets: A Bumpy Ride for Friendtech

From High Hopes to Low Lows: FRIEND Token's Steep Decline

It was a promising start for Friendtech's FRIEND token as it soared to $169 per token on its market debut. However, the current situation tells a different story, with the price plummeting to a mere $1.48, marking a staggering 98% decrease from its initial trading value.

Differing Perspectives: The Tale of Peaks and Dips

While Coingecko presents a slightly more optimistic view, noting an all-time high of $3.26 per token, the decline is still evident at 48.52%. Trade volume, on the other hand, has reached an impressive $33.63 million, showcasing some activity in this rollercoaster ride.

Market Cap Mysteries and Token Tidbits

With a self-reported circulating supply of 14,598,835.1 FRIEND, Coinmarketcap ranks FRIEND at 2,484 in the vast crypto landscape. However, it's worth noting that this information hasn't been verified by CMC itself.

Numbers Game: Holders and Transactions Unveiled

The Base network's contract reveals interesting figures – there are currently around 19,023 holders of FRIEND tokens, engaging in approximately 292,016 transactions. The contract also holds onto a significant portion of the supply – about 32.23%, or roughly 12,004,864 FRIEND tokens.

Token Distribution Drama: Concentrated Holdings

When it comes to ownership concentration, things get intriguing. The top 100 holders control a whopping 61.85% of the supply, which amounts to around 24,459,236.07 tokens. It's a tale of few wallets holding a significant sway over the FRIEND token ecosystem.

As the market continues to fluctuate, Friendtech's FRIEND token faces its fair share of challenges. Will it bounce back or continue its downward trajectory? Only time will tell in this volatile crypto landscape. Stay tuned!