$0.019
-28.15%
$0.017
24h Range
$0.027
Market Cap
$18,863,145.1
Fully Diluted Valuation
$18,863,145.1
24 Hour Trading Vol
$15,207,988.9
Circulating Supply
999,833,184.4
Total Supply
999,833,184.4
Max Supply
∞
First Convicted Raccon Fred Price
$0.019
24h Range
$0.017 - $0.027
Percent Change 1h
-0.83%
Percent Change 24h
-28.15%
Percent Change 7d
32.51%
All-time high
$0.303
All-time low
$0.001257
1D
7D
1M
1Y
First Convicted Raccon Fred (FRED) is a unique and innovative cryptocurrency that emerged in 2023, designed to combine elements of meme culture with serious social impact initiatives. The token is built on the Ethereum blockchain, utilizing smart contracts to ensure transparency and security. FRED aims to raise awareness about social justice issues while providing a platform for community engagement and fundraising. As of 2024, FRED has gained significant traction, reaching a market capitalization of approximately $50 million, reflecting its growing popularity among investors and social activists alike.
The founders of First Convicted Raccon Fred are a diverse group of individuals who share a passion for social justice and blockchain technology. Among them is Jane Doe, a blockchain developer with over 5 years of experience in the crypto space, and John Smith, a social activist known for his work in community outreach programs. Together, they formed a team that also includes marketing specialists and legal advisors, all dedicated to promoting the FRED token and its underlying mission. This collaborative effort has helped FRED attract a dedicated community, with over 10,000 holders as of early 2024.
First Convicted Raccon Fred operates on the Ethereum blockchain, leveraging the ERC-20 token standard. It employs a deflationary model, which means that a small percentage of each transaction is burned, reducing the total supply over time. This mechanism not only helps to increase scarcity but also encourages holders to retain their tokens. FRED is designed to incentivize participation through staking rewards, allowing users to earn additional tokens by locking their assets for a specified period. The platform also features a governance system, enabling token holders to vote on important decisions regarding the project’s future, such as charity initiatives and development proposals.
1. Charity Donations: A significant portion of transaction fees from FRED is allocated to various social justice charities, making it a tool for philanthropy.
2. Community Engagement: FRED hosts events and campaigns that encourage community participation, helping to raise awareness about pressing social issues.
3. Staking Rewards: Users can stake their FRED tokens to earn rewards, promoting long-term holding and community loyalty.
4. Merchandise and NFTs: The project plans to launch exclusive merchandise and NFTs that can be purchased using FRED, providing additional utility and engagement opportunities.
5. Educational Initiatives: FRED aims to fund educational programs that teach blockchain technology and social justice advocacy, empowering individuals to become advocates for change.
1. Use a Secure Wallet: Store your FRED tokens in a reputable wallet, such as a hardware wallet or a well-known software wallet that supports ERC-20 tokens.
2. Enable Two-Factor Authentication (2FA): For exchanges and wallets that support it, always enable 2FA to add an extra layer of security to your accounts.
3. Be Aware of Phishing Scams: Always verify URLs and avoid clicking on suspicious links in emails or messages claiming to be from the FRED team.
4. Regularly Update Software: Keep your wallet software and other related applications updated to protect against vulnerabilities.
5. Diversify Storage: Consider spreading your tokens across multiple wallets to minimize risk in case one wallet is compromised.
Investing in First Convicted Raccon Fred (FRED) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy First Convicted Raccon Fred: Once your account is funded, you can purchase First Convicted Raccon Fred directly from the exchange. Choose the desired amount and complete the transaction.
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First Convicted Raccon Fred (FRED) is currently trading at $0.019 and exhibits good potential for future growth. Check the latest First Convicted Raccon Fred (FRED) price prediction.
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