Crypto News – Friend.Tech revenue has passed 10.000 ETH, more specifically reaching 10,644.8 ETH, marking a significant milestone.
Massive Increase in Friend.Tech Revenue: Passes 10.000 ETH, Reaching a New Milestone
Friend.Tech‘s Total Value Locked (TVL), which reached 30,165 ETH, has increased to above 30,000 ETH in addition to the revenue milestone. The function of its sniper bots is one amazing component of Friend.Tech‘s success story. A significant 34% of the developers’ income came from these bots, which have made over $5.9 million in total.
Friend.Tech is Going Through a Tough Time
But things haven’t always gone smoothly for Friend.Tech. NFT music market founder 3LAU reportedly decided to leave the platform just a month ago, on August 24. Concerns about dangers and a significant decline in the price of 3LAU’s KEY tokens on Friend.Tech, from 0.36 ETH to 0.03 ETH, was cited as the reason for this decision.
Additionally, Post.Tech, a comparable platform on the Arbitrum blockchain, recently competed with Friend.Tech. Despite Post.Tech’s $1.8 million 24-hour trading volume, which attracted notice in the cryptocurrency industry, is still behind Friend.Tech’s $20 million trading volume. With over 11,000 active wallets compared to Friend.Tech’s 15,700 users, Post.Tech has managed to challenge Friend.Tech’s user base, according to DappRadar data.
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