FRIEND Explodes Over 1,600% After Machi Big Brother Proposes $1M Takeover
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On August 27 Machi Big Brother proposed a $1 million buyout of Friends.Tech from founders Racer and Paradigm to relaunch the FRIEND token, a move that sent FRIEND sharply higher. The crypto community flagged risks to adoption and fundraising after the spike, citing Machi’s own heavy losses on FRIEND and doubts about whether his takeover can revive the stalled project and support a successful token launch.
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Machi Big Brother proposed a $1 million buyout of Friends.Tech on August 27, offering to acquire the stalled project from Racer and Paradigm and relaunch its FRIEND token.
The proposal sent FRIEND sharply higher, but the move also revived questions about Machi’s own heavy losses on the token and whether his plan can bring the project back to life.
