• Analyst Ansem believes that the FOMO in FriendTech would drive more influencers to use the SocialFi app.
• Income Sharks calls FriendTech a Ponzi scheme and added that most people on the app would not make substantial earnings from it.
• FriendTech, the latest viral SocialFi app, has raked in $2.8 million in fees since its launch.

DeFi analyst Ansem has shared with his followers that even if they were bearish on the Social Fi app FriendTech, other influencers in the space would be tempted to start accounts on the app after watching Richard “FaZe Banks” of FaZe Clan make over 50k in a day. “Can reevaluate staying power in a couple of months but that is the first domino falling not last imo,” added the analyst.

Income Sharks, the crypto analysis channel, responded to Ansem’s claim stating that this was how apps like FriendTech got people to j…

The post FOMO Will Drive FriendTech’s Success, Says Popular Analyst appeared first on Coin Edition.

• Analyst Ansem believes that the FOMO in FriendTech would drive more influencers to use the SocialFi app.
• Income Sharks calls FriendTech a Ponzi scheme and added that most people on the app would not make substantial earnings from it.
• FriendTech, the latest viral SocialFi app, has raked in $2.8 million in fees since its launch.

DeFi analyst Ansem has shared with his followers that even if they were bearish on the Social Fi app FriendTech, other influencers in the space would be tempted to start accounts on the app after watching Richard “FaZe Banks” of FaZe Clan make over 50k in a day. “Can reevaluate staying power in a couple of months but that is the first domino falling not last imo,” added the analyst.

Income Sharks, the crypto analysis channel, responded to Ansem’s claim stating that this was how apps like FriendTech got people to j…

The post FOMO Will Drive FriendTech’s Success, Says Popular Analyst appeared first on Coin Edition.