Friend.Tech Sees Resurgence in Activity and Value Locked with Possible Token and Expansion Beyond X

Friend.Tech, a social app based on blockchain technology, has experienced a resurgence in activity and value locked, with over $7 million flowing into the platform in anticipation of new developments. The app allows crypto personalities on X to issue "shares" for access to closed group chats, where they can offer trading insights, token picks, and access to seed-funding deals. The upcoming version 2 of the app, set to be released after April 20, will expand the platform beyond X to attract new users, and developers have also teased the possibility of a FRIEND token. Despite a drop in activity following its initial success, Friend.Tech is now generating over $600,000 in revenue from weekly fees.