CryptoMediaClub
Tuesday, June 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

New Social Trading App Attracts 12,000 Users In Less Than Two Days

13.08.2023
A A
0
128
VIEWS
ShareShare

In cryptocurrency trading, there’s an irresistible allure among traders for novel ventures, especially those that blend social status with financial speculation. Friends embody a cutting-edge trend in this space. Tech is an exclusive platform that operates by invitation only. It invites users to integrate their Twitter accounts, enabling them to offer tradable “shares” of themselves on this innovative platform.

Since its launch on August 10th, friend, Tech has swiftly attracted 12,500 individual traders, facilitating a trading volume exceeding 5,500 ETH (equivalent to $10 million). These figures hold significant weight even in the relatively peaceful crypto market. For context, the two primary NFT marketplaces, OpenSea and Blur, collectively garnered around 10,000 traders within the last day.

Seraphim Czecher, who contributes to stETH issuer Lido Finance, refrains from dismissing a friend. Tech is a mere passing trend. He acknowledges its current glitches and newness but perceives the potential it holds. Czecher states, “It’s in its early stages but holds promise.” Notably, Czecher’s shares on the platform are currently valued at 0.01 ETH (approximately $20).

A prominent figure in the crypto sphere, Cobie, renowned for hosting the UpOnly podcast, holds the highest valuation on the platform. His shares are currently around 1.5 ETH ($2,700).

While previous attempts at similar social-token applications have been made, like the 2021 sensation Bitclout, which quickly faded from prominence, friend tech stands out with a captivating feature. Purchasing shares in an individual triggers the creation of a private chat room between the buyer and the share issuer. This attribute is significant, especially since individuals with substantial followers often turn off their direct messages on platforms like Twitter or Discord. The potential for sustained value beyond the initial enthusiasm is evident.

Moreover, the platform operates on Base, the recently launched Layer 2 network by Coinbase, rapidly ascending to become the most popular application in this new blockchain landscape. Those intrigued by this platform can explore it by linking their Twitter accounts and funding a new wallet with ETH on Base. Furthermore, a chance to participate in an airdrop from August 18th is offered through one of the app’s three buttons at the bottom.

The post New Social Trading App Attracts 12,000 Users In Less Than Two Days appeared first on BitcoinWorld.

Share10Tweet6ShareSharePin2

Related Posts

Significant XRP Locked: Understanding Ripple’s Escrow Strategy
Blockchain

Significant XRP Locked: Understanding Ripple’s Escrow Strategy

02.06.2025
0

Skip to content

Read moreDetails
Ethereum Scaling: Vitalik Buterin Predicts Rapid 10x Breakthrough

Ethereum Scaling: Vitalik Buterin Predicts Rapid 10x Breakthrough

02.06.2025
Crypto Fund Success: Theta Capital Raises $175M for Blockchain Startups

Crypto Fund Success: Theta Capital Raises $175M for Blockchain Startups

31.05.2025
Crucial Blockchain Regulatory Certainty Act Advances Amid Political Storm

Crucial Blockchain Regulatory Certainty Act Advances Amid Political Storm

31.05.2025
Bitcoin Transaction Fee: Astonishing 1 BTC Paid in Single Transaction

Bitcoin Transaction Fee: Astonishing 1 BTC Paid in Single Transaction

30.05.2025
Load More
Next Post
Shiba Inu Team Teases About Upcoming Shibarium Mainnet Release

Shiba Inu Team Teases About Upcoming Shibarium Mainnet Release

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin recovers $100k price level as expectations of Fed rate cut rise

Bitcoin recovers $100k price level as expectations of Fed rate cut rise

6 months ago
Bitcoin Miners in U.S. Spend $18.65 Million on Electricity Daily

Bitcoin Miners in U.S. Spend $18.65 Million on Electricity Daily

1 year ago
Bitcoin’s Uphill Battle: Bears Persist as ETF Hope Dwindles

Bitcoin’s Uphill Battle: Bears Persist as ETF Hope Dwindles

2 years ago
Jag Singh, CEO of re.al, on 10x Better User Experience with RWA Tokenization and Buying a Property in 15 Seconds | Ep. 365

Jag Singh, CEO of re.al, on 10x Better User Experience with RWA Tokenization and Buying a Property in 15 Seconds | Ep. 365

9 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Whale Signal or Exit? XRP Price Prediction After 44M Tokens Leave Exchange

CertiK Says $302M Lost to Web3 Scams, Hacks, and Exploits in May

Bitcoin Correction: Is This the Opportunity for a Stunning New All-Time High?

Strategy Doubles Down on Crypto with $75M Purchase of 705 Bitcoin

Crypto Traders Make Urgent Shift to Short-Term Strategies Amid Market Uncertainty

CAR to Tokenize 1,700 Hectares of State Land

Trending

Reitar Logtech Holdings Bets $1.5B on 15,000 BTC to Drive Global Expansion
All news

Reitar Logtech Holdings Bets $1.5B on 15,000 BTC to Drive Global Expansion

03.06.2025
0

Key Takeaways: Hong Kong-based Reitar Logtech Holdings has unveiled a major Bitcoin acquisition plan. Reitar plans to...

Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence

Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence

03.06.2025
Russian Investigators ‘Seized $8.2M Worth of Crypto from Hydra Darknet Server Chief’

Russian Investigators ‘Seized $8.2M Worth of Crypto from Hydra Darknet Server Chief’

03.06.2025
Whale Signal or Exit? XRP Price Prediction After 44M Tokens Leave Exchange

Whale Signal or Exit? XRP Price Prediction After 44M Tokens Leave Exchange

03.06.2025
CertiK Says $302M Lost to Web3 Scams, Hacks, and Exploits in May

CertiK Says $302M Lost to Web3 Scams, Hacks, and Exploits in May

02.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz