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Friend Tech Outranks Tron and Ethereum in Daily Earnings

New decentralized social messaging platform Friend Tech has recorded a high daily revenue surpassing Tron and Ethereum
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Friend Tech Outranks Tron and Ethereum in Daily Earnings

Friend Tech, a relatively new player in the crypto space, has outperformed both Tron (TRX) and Ethereum (ETH) in terms of daily earnings, with an astonishing $1 million in profits.

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Friend Tech’s Road to Success

Chinese news media Wu Blockchain made the announcement in a recent post referencing data from Token Terminal. This notable accomplishment was due to a number of factors, including increasing transaction volume and fee capture.

Earnings in the crypto ecosystem have always been a point of fascination and competition. Friend Tech’s staggering achievement of reaching $1 million in earnings on September 14 stands as a testament to its disruptive potential.

Profit in this context refers to Friend Tech’s income minus token incentives. This distinction is critical because it reflects the platform’s true economic viability and sustainability.

On that exceptional day, Friend Tech managed to capture a total of $2 million in fees. What’s even more impressive is how it distributed these earnings. Out of the $2 million, a staggering $1 million was allocated to creators. This showcases Friend Tech’s commitment to incentivizing and rewarding its user base, which, in turn, contributes to the platform’s vibrant ecosystem.

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Growing Transaction Volume

Friend Tech, a blockchain-based platform that focuses on empowering creators and users alike, has been steadily gaining traction since its inception. Founded on principles of decentralization and innovation, the platform has garnered a growing user base and an ecosystem of content creators.

The protocol’s surge in earnings is not a one-off event but rather the culmination of consistent growth and user adoption. In fact, the platform has been on a roll, setting new records for transaction volume and fee capture over two consecutive days.

This surge in activity not only highlighted the growing user base but also showcased the platform’s scalability and ability to handle increased traffic. 

Friend Tech’s rise to the top of the earnings list is a remarkable development in the crypto space. It showcases the disruptive potential of innovative blockchain platforms that prioritize sustainability, user-friendliness, and meaningful economic participation.

As Friend Tech continues to grow and attract more users, it’s poised to make even more waves in the Web3.0 world as its dedication to creators and minimal transaction fees are likely to keep users coming back.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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