Just ten days since its launch, Friend.Tech has taken the internet by storm. 

Built on the Base Layer 2 blockchain, the latest Web3 social app allows users to trade tokenized “shares” with their favorite influencers. And although it’s still currently invite-only, crypto Twitter has already been engulfed by a Friend.Tech frenzy.

Friend.Tech Trading Volume Soars

The beta version of Friend.Tech launched on Thursday, 10 August, registering over 30,000 transactions in its first 24 hours.

After the initial excitement, activity on the app died down by the end of the week. However, by Friday afternoon, trading volumes once again began to surge and have remained high all weekend.

When writing, the total value of tokens bought stood at 11,100 ETH, worth nearly $20 million USD. 

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Author: James Morales

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