🚀 Friend.Tech Token Drops 25.6% in 24 Hours
#FriendTech #FRIENDtoken #cryptocurrency #marketdecline #blockchain #smartcontracts #tradingvolume
According to BlockBeats, the FRIEND token experienced a significant decline over the past 24 hours, dropping by 25.6%. The current price of the token stands at $0.06668, with its market capitalization falling to $6.29 million. The 24-hour trading volume for FRIEND was recorded at $221,000.
In related news, it was reported that the developers of Friend.Tech have relinquished control over the protocol's smart contract as of yesterday. This development may have influenced the recent market performance of the FRIEND token.#FriendTech #FRIENDtoken #cryptocurrency #marketdecline #blockchain #smartcontracts #tradingvolume
🚀 Huang Licheng's Significant Losses in FRIEND Token Investment
#HuangLicheng #FRIENDToken #Cryptocurrency #InvestmentLoss #BlockBeats #ETH #OnChainData #Liquidity
According to BlockBeats, on September 9, on-chain data revealed that Huang Licheng currently holds 11.1 million FRIEND tokens. Previously, Lookonchain monitored that from May 3 to June 8, Huang spent 4,975 ETH (approximately $15.6 million) to purchase 8.6 million FRIEND tokens at an average price of $1.81 each.
Since then, Huang has continued to make small purchases of FRIEND tokens and has provided liquidity for its trading pair, accumulating a total of 11 million FRIEND tokens. Based on the June 8 holdings and the current FRIEND token price of $0.06668, the FRIEND tokens bought for $15.6 million are now worth only $570,000, resulting in an unrealized loss of at least $15 million.#HuangLicheng #FRIENDToken #Cryptocurrency #InvestmentLoss #BlockBeats #ETH #OnChainData #Liquidity