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View ChartFirst Convicted Raccon Fred (FRED) is a meme coin built on the Solana blockchain, launched through the Pump.fun platform. The project is centred on the real-world story of Fred the Raccoon, an internet-famous animal whose story became a viral sensation before he was captured and euthanised by local authorities. The token positions itself as a digital memorial and a symbol of the fight against unjust actions, advocating for changes in how wildlife and animals are treated. FRED carries no complex utility or staking mechanism; it is purely a community-driven meme asset. The token has a circulating supply of approximately 999.82 million FRED, with a total supply of 999.81 million according to CoinMarketCap. The project launched on Nov. 15, 2024, and is currently in a mature post-peak phase, with its price having declined substantially from its all-time high.
No founder or core team information is present in the provided materials. The project appears to have launched anonymously through the Pump.fun platform, which is common for meme coins in the Solana ecosystem. Detailed public information about the development team, their backgrounds, or any associated organisations is currently limited. The project's identity is primarily built around the narrative of Fred the Raccoon rather than an identifiable founding team.
FRED operates as a standard SPL token on the Solana blockchain, created via the Pump.fun launchpad. The contract address ends in "pump," which is characteristic of tokens launched through this platform. There is no complex consensus mechanism, staking protocol, or decentralised governance system associated with FRED. The token functions primarily as a tradable meme asset, with its value driven by community sentiment and market speculation. Trading occurs on various decentralised and centralised venues, with on-chain swapping available through compatible wallets and platforms. The token's narrative is embedded in its branding and community messaging rather than in any technical functionality.
The primary unique aspect of FRED is its connection to the real-world story of Fred the Raccoon. Unlike many meme coins that rely on abstract internet culture, FRED anchors its identity in a specific narrative about animal rights and justice. The project frames itself as a symbol of resistance against unjust actions and advocates for improved treatment of wildlife. This narrative gives the token an emotional resonance that appeals to its community. However, from a technical and fundamental perspective, FRED offers no unique technology, staking rewards, or utility beyond being a tradable meme asset. Its value proposition is entirely community-driven and speculative in nature.
FRED is primarily used as a meme coin for speculative trading and community participation. It does not serve as a medium of exchange for goods or services, nor does it function as a governance token or utility token within a broader ecosystem. Holders may trade FRED on various cryptocurrency exchanges and decentralised platforms. The token can be swapped on-chain through compatible decentralised products. Its primary use case is participation in the community surrounding the Fred the Raccoon narrative, with holders expressing support for the story and its associated message. There are no staking, lending, or yield-generating mechanisms natively associated with the token.
The FRED ecosystem is relatively limited in scope. It exists primarily as a single token on the Solana blockchain with no associated decentralised applications, layer-2 solutions, or DeFi integrations. The project maintains a presence on social media platforms, including an X community and a Telegram channel. Trading activity occurs across 56 active markets according to Yahoo Finance and CoinMarketCap data. The token is listed on various price-tracking platforms and exchanges. There is no roadmap, development fund, or ecosystem grant programme mentioned in available materials. The project's development is essentially limited to community management and maintaining its presence on trading venues.
FRED cannot be mined. It is a Solana-based SPL token that was launched through Pump.fun, meaning its entire supply was created at inception. There is no mining mechanism, proof-of-work consensus, or staking protocol associated with this token. Users cannot earn FRED through network participation or computational contributions. The only way to acquire FRED is by purchasing it on cryptocurrency exchanges or through decentralised swap platforms. There are no staking rewards, liquidity mining programmes, or yield farming opportunities natively offered by the project.
Since FRED is an SPL token on Solana, it requires a compatible Solana wallet for storage. Users should choose reputable wallets that support SPL tokens and never share their private keys or seed phrases with anyone. Hardware wallets offer enhanced security for larger holdings by keeping private keys offline. When trading FRED, users should verify contract addresses carefully to avoid interacting with fraudulent tokens. Given the meme coin nature of FRED and its significant price decline from all-time highs, investors should exercise caution and only invest what they can afford to lose. Regular software updates and avoiding suspicious links or unsolicited offers are also essential security practices. Always double-check the contract address CNvitvFnSM5ed6K28RUNSaAjqqz5tX1rA5HgaBN9pump when transacting.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for FRED are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of First Convicted Raccon Fred (FRED) is ₹0.039334. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated FRED to USD rate at the top of BTCC’s price page. In terms of market scope, First Convicted Raccon Fred records a 24h trading volume of ₹11.642163K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹3.943627Cr. Its current circulating supply stands at 99.98Cr out of a maximum supply cap of ∞.
The price volatility of First Convicted Raccon Fred (FRED) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (99.98Cr) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, First Convicted Raccon Fred (FRED) hit an all-time high (ATH) of ₹22.421321 on 2024-11-15 09:55, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.020109 on 2026-07-30 03:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading FRED futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹11.642163K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s FREDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for First Convicted Raccon Fred, simply log into your BTCC account with USDT margin available, navigate to the FREDUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for FREDUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.039334), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for FREDUSDT with zero financial risk.
Trading First Convicted Raccon Fred (FRED) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for FREDUSDT, and review its live price (₹0.039334) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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