DEX Screener: the value of decentralized social platform Friend.tech's native token, the Friend, fell ~98% to below $2 after making its trading debut on May 3 (Muyao Shen/Bloomberg)

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Muyao Shen / Bloomberg:
DEX Screener: the value of decentralized social platform Friend.tech's native token, the Friend, fell ~98% to below $2 after making its trading debut on May 3  —  - “No one can figure out the tokenomics,” Delphi's Rinko says  — Friend.tech's growth has been driven in part by trading bots