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CoinGape

One crypto investor has lost $16 million after betting $17 million on the FRIEND token

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Summary
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52% Informative

FriendTech 's decentralization move backfired, causing the FRIEND token price to drop 40% .

FriendTech team ditched smart contracts control, causing a major bearish downtrend for the native token.

The FriendTech token has lost 73% over the week , currently trading at $ 0.08275 after a 4% recovery in the last few hours .

At the present price, these crypto traders’ 11.1 Million tokens are now worth 918 K only.