How to trade on friend.tech? 5 tools to help you analyze data.

Kaoriand others3Authors

23-08-21 15:45

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Written by: Kaori, Bob, Jingtian, BlockBeats

On August 18th, Bitcoin fell below $26,000 multiple times, and a combination of factors once again plunged the entire cryptocurrency field into a deep bearish sentiment. However, while the community mourned "Coin Circle 8.18", a social project caught the eye with impressive data. As of August 21st, friend.tech had a trading volume of over 30,000 ETH and a protocol income of 1383 ETH. In the past 24 hours, friend.tech generated nearly $710,000 in protocol income, surpassing well-known DeFi protocols such as MakerDAO and Lido, second only to Ethereum and TRON.

friend.tech allows users to purchase any user's share on friend.tech through the Ethereum network of the Base chain, which is strongly tied to Twitter (now renamed X), giving them the right to directly communicate with the user and the possibility of making a profit. friend.tech indirectly assigns the user's attention to the cost, meaning that in order to obtain more high-quality information, an equivalent asset investment is required.

Friend.tech's social concept and airdrop expectations have kept its market heat high. BlockBeats has compiled several popular tools for tracking friend.tech data, as follows:

FriendMEX

FriendMEX was created by Paradigm engineer @_anishagnihotri. Due to the emergence of this analysis tool, the community speculates that friend.tech is backed by Paradigm. On August 19th, friend.tech officially announced that it has completed seed round financing with participation from Paradigm.

FriendMEX has the following advantages:

• No invitation code required.• Buy and sell Friend tokens.

• Real-time trading dynamics and rankings

• Token chart + new user sniper

• Adjustable and configurable layout

friend.tech Monitor

Newly joined top KOLs can expect a growth in Share prices, which has led to the emergence of a bot (@friendtech_bot on Twitter) specifically designed to monitor and track the traffic of new and popular V influencers on the platform.

friend.tech Monitor helps users obtain timely information by publishing the join time, Twitter name, number of followers, Share address, and current price of one Share detected from influential users.

friend.tech on Base Activity

friend.tech protocol analysis tool "friend.tech on Base Activity", the website provides friend.tech users with "account share" total market value, protocol fees, total protocol transactions, total transactions and active users data.

Friend Tech User Analytics

friend.tech Personal User Analysis Tool "Friend Tech User Analytics", by entering the address, you can query the total market value, current supply, trading volume, transaction fees, transaction times, and the number of users participating in transactions for the user's "account share" data.

realfriend.tech

Bot class derivative project Realfriend Sniper claims to be able to help users automate trading and retry trading Share in a more advantageous way. However, users need to hold 1 @iam4x Share to access realfriend.tech, and currently 1 Share is 1.54 ETH.