Friend.Tech announces it will boldly return with an upcoming airdrop in the midst of difficulties in maintaining transaction volume and users.
Friend.Tech (FT), an popular social application, has hinted at a bold comeback with an upcoming airdrop in the midst of challenging circumstances and declining trading activity.
In particular, they have hinted that the platform is preparing an event called “the most dangerous mission”, with the content: “FT bunnies are preparing for the most dangerous mission ever this spring.”
The image in the tweet’s post has brought about higher credibility as there are speculations around the possibility of an airdrop orchestrated by the Friend.Tech group.
It features images of bunnies equipped with parachutes falling from the sky while carrying gift boxes, further building anticipation among followers.
User X commented: “Let’s see what’s going to happen”
Notably, this airdrop action takes place amidst FT’s struggles in maintaining transaction volume and user base.
Recent statistical data shows a significant decline, with trading volume dropping to only $56,000 on February 20th. Accompanied by a decrease in the number of active traders, only 102 remaining.
Specifically, these figures contrast with $20.04 million trading volume and over 21,000 active traders recorded last September. This reflects a 99.72% decrease in trading activity.
Some analysts believe that Friend.Tech’s airdrop is a desperate move to maintain relevance in this market.
A prominent figure in the crypto community commented: “It seems like they finally felt the heat and are trying to stay relevant”
Previously, Ethereum co-founder Vitalik Buterin criticized FT’s model, claiming it is quite risky to engage on a social network with financial speculation activities.
