
The resurgence of interest in SocialFi platforms is evident with significant activity around FriendTech and Fantasy Top, alongside a notable increase in the trading of memecoins like $DEGEN. FriendTech, a platform that has been gaining traction, is anticipated to launch a token soon, which has led to a surge in activity and speculation around its points' value, with TVL jumping $8M in the last 24 hours. Similarly, Fantasy Top, a web3 trading card game that monetizes social metrics, is gaining popularity, especially in its testnet phase, offering private beta access through various invite codes and already generating 2.5 ETH in fees. The game allows users to earn scores based on crypto influencers' engagement levels on social media. Additionally, Degen Chain introduced a Layer 3 solution, promising unique features for the community, further highlighting the growing interest in blockchain-based social platforms. FriendTech hype re-emerges as volume hits $7.6M, the highest since October 2023.





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NEWS: @friendtech hype re-emerges as volume hits $7.6M, the highest since October 2023 https://t.co/RManDZtRUe