A trader reported receiving approximately $800k from a friendtech airdrop over the past 18 months.

A holder publicly claims to possess 11,000,000 $FRIEND tokens and tags Paradigm co-founder Matt Huang.

Friend.tech is characterized as dead by a crypto trader discussing the broader failure of SocialFi to compete.

Platform experiences a 2000% increase in trading volume over one month, currently at $400K in November.

Amigo, described as an improved version of the platform, cleared its final development step and will launch soon on Abstract.

A token called "Fluffle" is distributed to Friendtech wallet holders, with at least one user reporting their allocation has value potentially equivalent to 37 ETH.

User Swanson benson is moving his chat from the platform to a creator coin on Zora in the coming weeks.

Allegations surface that racer extracted roughly $60 million from the project in what is being characterized as a rug pull.

Empty tweets posted over the past two days were deleted from the official account, sparking questions about whether the team remains active.

Listed as #5 top mover on Clave today, showing renewed trading interest.

Physical advertising campaign launched on NYC subway system.

Token drops 23% following news that the project failed to secure the TikTok acquisition bid.

Platform grouped with other social apps reportedly generates less revenue and onboards fewer creators than pumpfun achieved in a single day. NO SIGNAL

Connection emerges between the platform and PUMP tokens, with supporters reportedly holding no PUMP tokens.

Q2 earnings show $9 revenue with $0.0000000094 earnings per token.

Keys system transforms into Creator Coins, signaling major platform evolution.

Base network congestion caused high transaction failure rates while buggy UI and lack of team transparency contributed to operational instability.

Paradigm revealed as early investor, sharing portfolio with inactive Blast project.

New mobile PWA launches with AI agent framework and dual web2/web3 payment support.

BASE ecosystem emerges as dominant chain alongside SOL, attracting multiple new applications and establishing growing network effect.

New Base-native competitor launches with AI integration and $5M valuation, securing backing from Base and Virtuals teams.

CTO functionality remains broken, forcing users to pay additional fees to Racer despite frontend rug.

Platform frontend rugged by developer Racer, leaving basic infrastructure non-functional.

Top creators @0xSisyphus and @vombatus_real identified as only migrators to Zora platform from previous leading platform's top 22 accounts.

Whale purchases $WIF hat NFT for 6.8 BTC in auction, setting new price benchmark.

Market structure issue emerges as creators forced to issue separate coins on multiple platforms, driving demand for consolidated liquidity solution.

Competitor Zora launches alternative social token platform using coin-based system with vesting schedule instead of keys and bonding curve mechanism.

Creator coin "Jack" reaches $12MM market cap amid concerns over post-based coin structure sustainability and valuation benchmarking challenges.

Base App launches competing creator coin platform with identical bonding curve mechanism, targeting same celebrity user base.

Platform removes chat interface and social features, reducing to basic key trading terminal with new metadata contracts while preparing for possible developer team dissolution.

User 'racer' disappears with $44 million from platform in apparent exit scam.

Key crypto influencers Ansem, Toly, and Designer actively participate in platform auctions, while maintaining longstanding connection with Nikita Bier since Base deployment.

Ranks among top contributors to Base ecosystem's $1B in user-paid fees, alongside major DeFi protocols like Uniswap and Aave.

Project has shut down operations, joining list of discontinued crypto/NFT platforms since 2021.

Token distribution includes 2.75% pre-TGE and 1.25% post-TGE allocation for referrals/yaps, with Genesis Sale funds fully locked in liquidity pool at TGE. Upcoming token launch features 37.5% Genesis Sale and 8% Community Sale, with pre-launch FDV of $1-3M and TGE estimate of $10-12M.

Two-phase token sale structure announced: 37.5% Genesis Sale (~$390K) and 8% Community Sale ($400K cap), with expected FDV range of $3.1M-12M.

Core infrastructure provider Privy acquired by Stripe, impacting wallet and social login systems.

Limited functionality at launch with Rooms feature delayed until Phase II, creating potential dump risk post-TGE.

Previous market leader reached $230M ATH valuation, establishing key benchmark for social-fi protocols with AI features.

AI agent automatically aggregates and filters high-signal content from creators' existing channels, eliminating manual content management while monetizing through tokenized access.

Backroom launches IAO with 1.25% supply allocation to yappers and 6-week cliff period, implementing bonding curve mechanics for $ROOM tokens.

Backroom implements four-tier entry system (content posting, Virtual trading, community sale, secondary market) with 8% token supply allocated for dynamic-priced community sale, featuring AI-managed unified feed structure.

New Friend.tech competitor Backroom launches on Virtuals Genesis platform with AI-managed feeds, continuing the pattern of social-fi market fragmentation.

New competitor Arena emerges as active PVE platform in social-fi space.

Complete market rotation occurs as users report total losses ("zeroed") while competitor platform Privy generates multiple returns, indicating definitive shift in market dynamics.

VC firm Paradigm implements multi-layer value extraction strategy through equity cuts, fee sharing, and token mechanics.

Insider groups actively coordinate dumps through private channels while maintaining bullish public narratives.

Persistent aggressive key selling and widespread pivot to platform-focused accounts signals potential market exhaustion and misaligned incentives.

New competitor platform launches with 4% swap fees (vs 10% for incumbent) and projects $54k-$150k weekly payouts per top creator.

Multiple key metrics (TVL, users, sentiment) showing growth while project remains under mainstream radar.

Solana founder's time token trades at $50 per minute with $5M market cap, enabling 10-minute calls for $500.

Large whale cashes out $44M while platform reaches 100k addresses in 11 days on Base.

Revenue sharing model allocates 70% to seed participants, raising sustainability concerns alongside incomplete development status.

Monetization of fan relationships creates inherent conflict between investment returns and authentic creator support.

Active social engineering attacks target users, resulting in wallet compromises through direct communication with victims.

Risk alert: Project follows pattern of failed social token platforms like Bitconnect.

Major rug pull alleged by veteran crypto trader, involving founder @0xRacer

Market cycle shows signs of exhaustion with increased rug pull risks and early adopters exiting positions.

Platform experiencing significant decline in user engagement and key prices amid loss of market interest.

Team has executed a rug pull, abandoning the project.

Project has collapsed to zero value due to fundamentally flawed tokenomics that encouraged value extraction over participation.

Monthly active users have dropped 99.75% from peak of 200K to current 500 users.

Bonding curve mechanism poses sustainability risk based on historical Social Fi failures.

Token utility features including creator chat and community access failed to prevent project collapse.

High-risk classification emerges as project is associated with major crypto collapses and widespread losses.

Project shows typical pattern of aggressive short-term growth followed by decline, indicating high risk of unsustainable valuation.

Project has experienced a rug pull following KOL promotion activities.

Active rug pull alert: Operator @rootslashbin identified as perpetrator with corroborating Ethos network metrics.

Current growth model lacks sustainable retention mechanics, presenting significant risk of user churn once initial hype fades.

Significant governance risks emerge from treasury management practices and lack of shareholder protections.

Users must claim private keys within 27 days to prevent loss of funds in Privy wallets.

Platform faces service disruption risk due to unpaid authentication provider bills.

Token experienced -99% drop despite Paradigm backing; confirmed rug pull event.

Notable trader profits from platform fees before abandoning activity, indicating possible systemic risk.

Post-TGE phase noted as holding up well in current market conditions.

Trading volume declined 99.999% from 167k/day to 4/day.

Mentioned that Machi Big Brother bought $16M worth at average price of $1.80.

Tokenized social network built on Base. ATH: $3.14, FDV at ATH: $290M, Price down 98.7% from ATH.

Referenced as previous social token platform, compared to new Clout platform launch.

FriendTech platform backed by Paradigm, with $7M FDV and large treasury. Mentioned as undervalued compared to HYPE.

Started bleeding out after being live for couple of weeks.

Referenced in context of being bullish on the project with betting against failure mentioned.