According to statistics, the Whale Brother $FRIEND’s average purchase cost is $2.31 per token, and if calculated at the current temporary price of $1.99 per token, he has suffered a paper loss of $896,000.
(Prequel:
Friend.tech launched V2! Airdropping tokens is not an “official airdrop”, $FRIEND fluctuated at a low of $1.4)
(Background:
Whale Brother made a massive purchase! Spent 962 ETH to buy FRIEND: the token price will soar to $10)
After the decentralized social platform Friend.tech officially launched in August last year, it quickly became popular due to airdrop expectations and support from well-known VCs like Paradigm, but this craze subsided significantly in October last year, until last month’s announcement of the upcoming V2 launch and the opening of airdrop applications, which rekindled community attention, and one of the investors most concerned about $FRIEND is the Whale Brother.
Whale Brother Spent $6.5 Million to Buy $FRIEND
After the launch of $FRIEND, the price once skyrocketed to $169.09, but then crashed by more than 97%. Even so, the Whale Brother still made a large purchase of $FRIEND. During the token’s poor performance, he spent 962 ETH (about $3 million) to buy 1.39 million FRIEND at $2.16 per token.
This (9th) morning, he spent another 483 ETH (equivalent to $1.44 million) to purchase 617,609 $FRIEND at $2.34 per token.
According to statistics, the Whale Brother has invested a total of 2,106 ETH (about $6.49 million) to purchase 2.8 million $FRIEND, with an average purchase cost of $2.31 per token, and if calculated at the current temporary price of $1.99 per token, the Whale Brother has suffered an unrealized loss of $896,000
Whale Brother: Meme Coins Should Be Viewed from a Postmodernist Perspective!
The Whale Brother, who is currently focused on developing his own meme coin $Bobaoppa, has recently expressed his views on the meme coin sector, but the content has changed from his previous fiery style to that of a meme coin thinker.
The Whale Brother stated that from the perspective of the postmodernist Jean Baudrillard, meme coins are not only an economic tool, but also a symbol of culture, as they capture the key moments of the current society, and through the concept of liquidity pools, these symbols are transformed into concrete economic value.
The Whale Brother analyzed how to determine the value of meme coins, and said that confirming the background is the most difficult part, as it requires users to maintain a high level of sensitivity, always pay attention to the right social media, and be ready to mobilize capital at any time.
