Deutsch
Français
English
Español
Italiano
العربية
中文
Português
Русский
TürkçeFirst Convicted RACCON Information
First Convicted RACCON emerges as a unique player in the cryptocurrency landscape, combining innovation with a playful narrative that appeals to a diverse audience. As the coin continues to gain traction, its community-driven approach fosters engagement and loyalty among supporters. The project's focus on transparency and ethical considerations sets it apart in an increasingly crowded market, promising a distinctive path forward for its users.
The world of cryptocurrencies is ever-evolving, and among the intriguing projects that have emerged is the First Convicted RACCON (symbol: FRED). This digital asset has recently garnered attention due to its astonishing price movements and the unique story behind its inception.
Understanding First Convicted RACCON (FRED)
First Convicted RACCON is an innovative cryptocurrency that has made headlines with its unusual branding and community-centric approach. Launched with a vision to create a humorous yet engaging platform, FRED has quickly built a niche following. But what exactly is the purpose of this coin, and how does it differentiate itself in the crowded crypto market?
Price Dynamics: A Look at the Past
In the past month, FRED has experienced remarkable volatility, reflecting the speculative nature of cryptocurrencies. The coin recently reached its all-time high (ATH) of $0.2204, just shortly after an all-time low (ATL) of $0.00125663. This represents a staggering price change of over 17,000% in a matter of days, indicating a mere moment of the power of market sentiment and community enthusiasm.
Current Market Status
As of the latest update, FRED is trading at approximately $0.2144, which reflects a dramatic 851.87% increase within a 24-hour window. With a market capitalization of approximately $214 million and a daily trading volume of around $21 million, the cryptocurrency shows a robust presence. The total supply stands at just under 1 billion FRED tokens, which is entirely circulating.
Advantages of First Convicted RACCON
One beneficial aspect of FRED is its strong community engagement. The humorous branding and meme-like quality of the coin have attracted a dedicated user base that actively promotes its use and visibility. This community-driven approach can lead to increased adoption and loyalty among investors. Furthermore, the relatively low price point provides an accessible entry for new investors looking to dive into cryptocurrency without significant capital.
Challenges Faced by FRED
On the downside, FRED's meteoric rise has also brought risk factors. The extreme volatility associated with its price could deter more conservative investors. Moreover, the coin's identity—centered around humor—might affect its perceived legitimacy or long-term viability compared to more established cryptocurrencies. The underlying utility is still unclear, raising questions about what long-term value FRED offers beyond a speculative investment.
Future Outlook
Looking ahead, the future of First Convicted RACCON rests on various factors. For one, the ongoing support from its community will be paramount; sustained enthusiasm can lead to broader acceptance and utility. Additionally, if the creators manage to develop practical applications or real-world use cases for FRED, it could solidify its place in the market and attract more investors.
In short, while FRED has experienced extraordinary growth, potential investors should remain cautious and conduct thorough research before jumping into this volatile asset. The unique narrative and community support create an exciting environment, but sustainable growth will depend on the project's ability to evolve and establish itself in the increasingly competitive crypto landscape.
Conclusion
First Convicted RACCON is undeniably one of the more entertaining entries in the cryptocurrency market. As the project continues to unfold, enthusiasts will be watching closely to see whether it can transition from a meme-driven phenomenon to a stable player in the world of digital currencies. With the right developments, FRED may yet shape the future of community-driven cryptocurrencies.
|
from price
$0
|
General Information |
|---|
|
Title
First Convicted RACCON
|
|
Symbol
fred
|
|
Whitepaper
-
|
|
Website
|
|
Community
-
|
|
Last Updated
2024-11-23 23:59
|
Price Data |
|
Current Price $
0.131851
$
|
|
High 24h
0.170701
$
|
|
Low 24h
0.059103
$
|
|
Price Change 24h
0.072341
$
|
|
Price Change % 24h
121.56026
%
|
Market Data |
|
Market Cap
131834095
|
|
Total Volume
152231299
|
|
Market Cap Change 24h
72062077
|
|
Market Cap Change % 24h
120.56156
%
|
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
Circulating Supply
999843302.96
|
|
Total Supply
999843302.96
|
|
Max Supply
999843302.96
|
Historical Data |
|
All Time High (ATH)
0.303243
|
|
ATH Change %
-54.92884
%
|
|
ATH Date
2024-11-14 04:35
|
|
All Time Low (ATL)
0.00125663
|
|
ATL Change %
10776.29175
%
|
|
ATL Date
2024-11-04 20:30
|