Features TheBitTimes.com

The decentralized social media platform has continued to thrive since it launched in the second week of August and has hit multiple new highs despite critics predicting its downfall. Decentralized social media platform Friend.tech based on Coinbase’s layer-2 protocol Base has touched new heights in terms of revenue growth and total value locked on its platform.  According to data from Dune Analytics, Friend.tech revenue has surged to 10,663 ETH and its TVL grew to over 30,000 ETH on Oct. 2. The recent boom in its revenue and trading activity comes amid a decline in hype from its early days of launch. As a decentralized social network platform launched in August 2023, Friend.tech enables users to swap "keys" associated to X accounts (formerly Twitter) belonging to their friends or influencers. These keys give users access to private in-app chatrooms and content only available from the corresponding X user. Users can buy shares in their friends and influencers on the platform...

Like many large-cap coins, Dogecoin (DOGE) has witnessed a significant surge in price following the recent market rally. Investors are again excited about the prospect of the leading meme coin experiencing a rally that could push its price above the $1 mark, but is that possible? DOGE Price Action The leading meme coin, DOGE, currently trades at $0.0840. The asset’s price has increased by 0.39% in the past 24 hours. That might not necessarily seem much, but DOGE still trades above the broader market, which has retracted by 0.53% in the same period. At the moment, the broader market appears to be cooling off after several days of consistent gains. Of course, this doesn’t mean that gains can’t still be recorded down the line. On the technical front, DOGE is doing quite well. The crypto asset trades above all its major moving average (MA) indicators, from the 10-day MA of $0.08366 to the 200-day MA of $0.08378. The asset’s ability to rise even higher should he...