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Friend.tech: The New Alpha in the Crypto Wilderness?

Amassing Addresses and Fees - A Jungle Tale of Unparalleled Growth

Author

Jungle Degen
August 25, 2023

Greetings Crypto Explorers! 🌴🦜

In this week’s Jungle Tales, we cast a spotlight on Friend.tech 🐾, the roaring beast reshaping our crypto-jungle. Having amassed over 100,000 addresses and a staggering $25 million in fees since its debut, this creature demands attention. But the wilderness stirs with other stories too! From the unwavering faith of a Dogecoin Millionaire to the fierce debate among GOP candidates about Bitcoin, there’s much to explore. Buckle up for a wild ride through our digital jungle.

As always… Stay Wild! 🌿🦁🚀.

🦍 The Big Jungle Roar

This week's monumental event that shook the crypto-jungle. Roar with us!

Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market

www.coindesk.com/tech/2023/08/21/friendtech-gains-100k-users-quickly-in-depths-of-a-bear-market

In the untamed undergrowth of the crypto jungle, a new beast has emerged. Friend.tech 🐾, a unique platform that lets users buy “shares” in individuals on ‘X’ (formerly known as Twitter), has roared loudly, marking its territory with over 100,000 addresses since its Aug 10 debut.

The platform has been hunting successfully, bringing down a massive $25 million in fees 💰, according to our jungle scouts at DefiLlama.

A colourful parade of creatures have been spotted in the Friend.tech habitat, with notable alpha beasts like esports pride leader Richard “FaZe Banks” Bengtson II and NBA gazelle Grayson Allen among the roster. These shares grant holders certain privileges - a sort of ‘VIP access’ to the watering hole, including the ability to whisper secrets into the sellers’ ears 🤫.

Our crypto tracker @Bantg from Yearn Finance spotted the Friend.tech beast’s tracks on GitHub, before they disappeared into the thick foliage. Some murmurs about privacy rustled through the leaves 🍃, but savvy jungle dwellers like @AlexSmirnov suggest that linking Twitter and deposit addresses isn’t an immediate cause for alarm ⚠️.

Friend.tech hasn’t just grown to be a dominant force in our digital wilderness, it’s also found bountiful hunting grounds. The platform has feasted on over $1.04 million in fees in just 24 hours, translating to a hefty $709,000 worth of ether meat after costs 💵.

🫂 More on Friend.Tech

🦁 King of the Crypto Jungle

Unleashing the top beasts of this week's crypto news. Beware, it's a wild ride!

🐒 Meme Monkeys

Hopping onto the funniest and savviest crypto memes that swung through the jungle this week.

🦜 Jungle Mystery of the Week

Can you solve our crypto-themed riddle? The answer lies hidden deep within the jungle. Share your guesses on Twitter and tag us! (we may gift someone some crypto 👀)

In the heart of the digital jungle, they sway like towering trees, their reach spreading far and wide. Not beasts of fang or claw, yet their roars echo, shaping the jungle’s tide. They do not hunt, but with a single chirp, they can cause a stampede. Mysterious and powerful, they lead without a creed. Who are they?

🦩 Tweets from the Jungle

Check out these wild crypto tweets that have made it to the jungle!

🐊 Crypto Swamp Watch

  • Bitcoin (BTC) - $26,031.41 (-0.26%)

  • Ethereum (ETH) - $1,649.54 (-0.93%)

  • Top Gainer: Bone ShibaSwap (+19.57%)

  • Top Loser: Pepe (-18.55%)

Snapshot taken on the 25th of August, around 3:18pm, Jungle time.

🍍 Jungle Poll Parrot

Join our parrot's poll! This week's squawk…

What’s your take on the rapidly growing platform Friend.tech?

Login or Subscribe to participate in polls.

🐯 Jungle Snapshots

Our grand finale - Jungle madness, guaranteed wilder than any pump and dump. Enjoy, you crypto beasts!

Me and the girls

👋 That's all for this issue of Jungle Tales! As we part ways, let's remember the wise words of a crypto degen:

In the crypto-jungle, vigilance is the ever-watchful eye that keeps us safe from hidden traps and unseen predators. As we tread through the dense undergrowth of tokens and technologies, the light of awareness is our most trusted companion. It illuminates the shadows cast by scams and shields us from the pitfalls of false promises. Every rustle in the leaves, every ripple in the stream could be a sign of opportunity or a warning of danger. Stay alert, keep your senses sharp, and remember: in this wild digital wilderness, complacency is the only true predator.

Don't forget to share our newsletter with your fellow crypto adventurers, and follow us on Twitter X.

Until next time, keep exploring the wild world of crypto!

Pura Vida,

Jungle Degen

JUNGLE WARNING: Hear me, ye dauntless navigators of the crypto wilderness. This parchment holds no keys to monetary splendor. Consider it more of a cryptic map of the jungle, teeming with teachings, not a treasure chest marked with an 'X'. It neither mutters veiled secrets of investment, nor beckons you to swap your prized assets or enact any fiscal transactions. In this unpredictable crypto habitat, caution is your most trusted ally, and your own robust investigation, the steadfast compass. Equip yourselves with the shield of wisdom, as you traverse the intricate network of paths. Remember, swift success is often a false trail; it is through enduring patience, adroit maneuvering and careful strategy can you navigate this mysterious landscape. The jungle is vast and filled with enigmatic conundrums; let your own diligent research be the torch that dispels shadows. Don't be lured by the glimmering illusion of quick profits, but bend your will to the pursuit of genuine understanding. Keep your wits about you and eyes wide open on this crypto-quest. To cut a long story short, this is NOT financial advice. Safe travels, crypto explorers!hapcan