
The cryptocurrency $FRIEND has seen significant market activity and price fluctuations recently. As of early May 2024, $FRIEND's price reached $3, marking a substantial increase from a previous low of $0.8. This surge in value is attributed to various factors including a high annual percentage rate (APR) of returns, which was reported as 5356% at the start of September. The liquidity pool (LP) dynamics have also been notable, with current holdings of 12.32 ETH and 19,974 $FRIEND, and total earnings amounting to 2.3 ETH and 3,014 $FRIEND. The market has shown a strong response to these dynamics, with significant buying and selling activities around key price levels such as the $1.5 support level and the $2 psychological level. Additionally, the cryptocurrency has barely spent time above $2, which has been both a psychological and technical barrier. Market participants continue to monitor $FRIEND as it approaches new highs and navigates through various support and resistance levels.
Hypothetical Ape is non-hypothetically down bad with $FRIEND hitting $3 this weekend. https://t.co/psLv4mug7B
What if $friend actually become most utilized token on @base ? strong demand on buying $friend since it get high apr with LP, ppl need to buy it for entering club. they are actually doing things that uniswap can't do. once you own the pricing power, you win the market.
UPDATE on $FRIEND after reaching a local high of $3.2 and staying there for ~5 hours, $FRIEND broke down and retested $2.5 support got the first bounce off $2.5 support level and now stabilizing at $2.7 Liquidity pool is now sitting at an eyedropping $44M with 8M $FRIEND (10%… https://t.co/Whqrogyqcm https://t.co/PAucQ1IZsq
