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News

Friend.Tech Surpasses Post.Tech’s $1.8M Daily Trading Volume Record!

September 21, 2023 - Around 2 mins mins to read

Key Points:

  • Post.Tech’s 24-hour trading volume hits a whopping $1.8M, catching the crypto world’s attention.
  • Post.Tech, a Friend.Tech clone on Arbitrum blockchain, gains momentum but trails Friend.Tech’s $20M volume.
  • DappRadar data reveals 11K+ active wallets on Post.Tech, challenging Friend.Tech’s 15.7K user base.
Post.Tech has witnessed a substantial surge in its trading volume, exceeding a noteworthy milestone of $1.8 million Friend.Tech within a 24-hour period.
Friend.Tech Surpasses Post.Tech's $1.8M Daily Trading Volume Record!

This unprecedented surge marks a significant development for Post.Tech, a platform mirroring the functionality and business model of Friend.Tech but operating on the Arbitrum blockchain.

$1.8 Million Daily Trading Volume Milestone

Friend.Tech Surpasses Post.Tech's $1.8M Daily Trading Volume Record!

Despite this impressive achievement, Post.Tech’s trading volume still lags behind its counterpart, Friend.Tech, which boasts a staggering daily trading volume of $20 million. Nevertheless, Post.Tech’s rapid growth and increased trading activity suggest that it may be on its way to giving Friend.Tech a run for its money.

DappRadar, a leading provider of decentralized application data, has reported that over the past 24 hours, more than 11,000 unique active wallets engaged with Post.Tech. This robust level of engagement is a testament to the platform’s growing popularity within the crypto community. However, it’s worth noting that Friend.Tech continues to maintain a higher number of active wallets, with 15,700 users participating in its ecosystem.

Post.Tech on the Rise in Blockchain Social Media

The surge in trading volume and the increasing number of active wallets on Post.Tech demonstrate the platform’s potential to disrupt the social media and blockchain space. With its foundation on the Arbitrum blockchain, Post.Tech offers users a unique and secure environment for social interactions and transactions. As the platform continues to gain traction and user trust, it remains poised to challenge the dominance of established players like Friend.Tech.

This development in the world of blockchain-based social media platforms showcases the growing interest and adoption of decentralized applications. It also highlights the competitive landscape in this rapidly evolving industry, where platforms like Post.Tech are making strides to carve out their own space and offer users innovative solutions for their social and financial needs.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

friend.tech

Post.Tech

Trading Volume Record

Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.