The biggest recipient of the Friend.tech airdrop shocked everyone by selling 55,000 tokens, causing the price to drop by more than 52%. Some users were unable to claim their airdropped tokens, leading to frustration among participants. Despite this, experts believe that the whale's actions may actually help decentralization and might not have a lasting impact on the token's value.

The individual known as "Murphys1d" who received the most tokens from the Friend.tech airdrop sold a large portion of them shortly after the launch. This move raised concerns about the stability of the token's price.

In addition to the token sell-off, there were reports of users having difficulty claiming their airdrop tokens. Crypto investor Luke Martin expressed his frustration on social media, mentioning that he was unable to claim his tokens despite constant attempts. The whale responsible for the large sale of tokens also has ties to fake accounts, potentially allowing for further manipulation of the Friend.tech token supply.

Following these events, the price of the Friend.tech (FRIEND) token plummeted by over 52.5%, going from $3.26 to just $1.32 within a short period. While the actions of the whale investor may impact the market temporarily, the long-term trajectory of the token remains uncertain.

Blockchain expert Anndy Lian highlighted the importance of community confidence in Friend.tech and how the team handles challenging situations. He mentioned that the whale's behavior is an example of farming squatters who participate in emerging protocols solely for the purpose of claiming airdrops and selling the tokens immediately.

The trend of airdrop farmers quickly selling their tokens can create significant selling pressure in the market, influencing other users to do the same. Similar incidents in the past have led to substantial declines in token prices, but ultimately, the market tends to stabilize over time. In the case of Friend.tech, the community will need to address the challenges posed by such actions to ensure the project's long-term success.