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Market
Public trust and user base recovery for $FRIEND by end of 2024
5
Resolution / Starting Odds
Full Recovery • 25%
Partial Recovery • 25%
Minimal Change • 25%
Further Decline • 25%
User reviews, community feedback, and market surveys
Story
FriendTech's $FRIEND Plunges Over 90% to $0.25 Amid Launch Issues
May 3, 2024, 11:14 AM
FriendTech's launch of its new cryptocurrency, $FRIEND, faced significant challenges, including a dramatic price collapse and technical issues. The token, initially trading at high values, plummeted over 90% shortly after its release, with prices dropping to as low as $0.25. Key issues included a lack of liquidity, as the team added minimal ETH liquidity, and operational problems such as non-functional sell buttons and delayed token claims. Despite these issues, the launch saw a high trading volume on BunnySwap. The situation highlights the volatile nature of new cryptocurrency launches and the critical importance of technical stability and user trust.
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Similar markets
Mostly Negative • 33%
Neutral • 33%
Mostly Positive • 33%
Below $50 million • 33%
$50 million to $100 million • 33%
Above $100 million • 34%
Below $0.50 • 25%
$0.50 - $2.00 • 25%
$2.01 - $5.00 • 25%
Above $5.00 • 25%
Fully Recovered • 33%
Partially Recovered • 34%
Not Recovered • 33%
Below 100,000 • 33%
100,000 to 500,000 • 33%
Above 500,000 • 34%
Remains Exclusive to BunnySwap • 33%
1-2 Additional Platforms • 33%
3 or More Additional Platforms • 33%