Friend.tech Price Declines 20% Amid Co-Founder Racer's Departure Speculation

Sunday, 26 May 2024, 20:35

Friend.tech encountered a drastic 20% price drop as rumors surfaced about co-founder Racer potentially exiting the organization. The team at Friend.tech expressed feeling 'isolated' in response to posts made by the co-founder on Sunday. The market responded sharply to the uncertainty surrounding Racer's status within the company, leading to significant repercussions on the stock price.

LivaRava Finance Meta Image — Friend.tech Price Declines 20% Amid Co-Founder Racer's Departure Speculation

Friend.tech Price Impact

Base's head acknowledged that the Friend.tech team had felt 'isolated' following posts from the social platform's co-founder on Sunday.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.