COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Recently, blockchain-based social media platforms experienced a surge in popularity, but investors are now gravitating towards other emerging sectors such as AI and PolitFi.
- This shift has prompted renewed interest in altcoins that were popular last year, driven by new developments from key projects.
- An interesting example is FriendTech, which has captivated the market with recent strategic announcements.
Explore the latest developments in crypto social media networks and gain insights into the dynamics driving the resurgence of popular altcoins in our latest article.
Understanding Friendchain
FriendTech, a significant player within the Web3 community and a next-gen social media network, recently publicized a crucial partnership. Collaborating with Conduit, a prominent crypto infrastructure provider, FriendTech aims to construct its own blockchain network. This move aligns with the growing trend towards developing native networks, especially with the increasing interest in layer2 technologies. Projects such as DYDX and Chiliz have already successfully ventured into this space.
On June 8, FriendTech announced its collaboration with Conduit to establish its unique network, aptly named Friendchain. This announcement spurred a 15% increase in the token’s value. Yet, specific details like project timelines and comprehensive roadmaps remain under wraps.
Diving into the FRIEND Token
FriendTech made a significant splash in August 2023 when it debuted on the BASE network. The project quickly went viral, capitalizing on an identified need within the SocialFI sector. By integrating with Twitter accounts, it provided a platform where influencers could monetize their presence effortlessly. This initiative set a new benchmark for social media monetization, allowing prominent figures to advertise without incurring any costs.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Following the success of FriendTech, other competitors like Stars Arena on the Avalanche network emerged. At its peak, FriendTech facilitated approximately half a million transactions per day, as per Dune Analytics. However, recent data indicates a steep decline in transaction numbers, now dropping below 1,000 daily.
Key Takeaways for Investors
- Post-announcement of the partnership with Conduit, the FRIEND token surged by 15%.
- Despite broader market negativity, the token’s price has remained resilient, avoiding previous lows.
- Support levels at $1.25 and $1.33 indicate a potential move towards the $1.5 mark.
- The release of detailed roadmaps and network launch timelines could further bolster the token’s value.
The latest updates suggest a promising trajectory for FriendTech’s token. As the project unfolds its plans for a dedicated blockchain network, there is potential for significant value appreciation.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
Conclusion
In conclusion, FriendTech’s recent partnership with Conduit marks a pivotal point for blockchain-based social media platforms. This move not only highlights the evolving dynamics within the crypto space but also underscores the potential for significant growth and innovation. For investors, staying informed about these developments and understanding the broader market trends can provide valuable insights for making informed investment decisions. As we continue to monitor this space, the crypto community awaits further details on FriendTech’s plans, which could play a crucial role in shaping the future of social media monetization and blockchain technology.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |