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Project Overview
Friend.tech is a Web3 social app allows users to tokenize their social network. Buying someone’s share grants owners the ability to exchange private messages with them.
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Machi Big Brother: Acquisition Proposal May Have Been Blocked by Paradigm, Supports Friend.tech Restart on Robinhood Chain
Odaily News, "Machi Big Brother" posted on X platform, stating that he personally speculates his acquisition proposal for Friend.tech was blocked by Paradigm, leading him to withdraw his offer. If project founder Racer relaunches Friend.tech on Robinhood Chain, he will lend his support.
After losing over $16 million, Machi bids $1 million to acquire Friendtech, FRIEND surges nearly 30x
according to Lookonchain monitoring, Machi (@machibigbrother) bid $1 million to acquire Friendtech after losing over $16 million on FRIEND, driving FRIEND up nearly 30x. A wallet suspected to be an insider (0x2078...0929) spent $4,700 to buy 2 million FRIEND after being dormant for 6 months. After FRIEND's surge, the wallet sold 2 million FRIEND for 20.25 ETH ($50,800), netting a profit of 18.37 ETH ($46,000) — a return of nearly 10x.
Maji Plans to Acquire Friend.tech for $1 Million and Relaunch FRIEND
"Maji Dage" posted on X that Friend.tech's current market cap has fallen below $300,000, submitting a $1 million acquisition offer to project founder Racer and investor Paradigm, with plans to relaunch the FRIEND token and related products following a community takeover.