Friend.tech's native token, Friend (FRIEND), plunged about 20% today after co-founder Racer announced plans to leave Base. Base is an Ethereum Layer-2 network hosting the Friend project. Racer offered a $200,000 bounty for a smooth migration solution, citing strained relations with Base and backlash from Farcaster investors. Yet Jesse Pollak from Base expressed sadness over the departure plan they respected the decision.

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