FreedomCoin

FreedomCoin PriceFREED

$0.001608
-$0.000055-3.29%

Last updated:--

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FreedomCoin Price Today

Current FREED/USD real-time price is $0.001608, with a 24-hour change rate of -3.29% and a 7-day change rate of -11.61%. FREED currently ranks #3751 globally by market cap, with a total market cap of $10.604318K, a fully diluted valuation (FDV) of $28.90165K, and a 24-hour trading volume of $0. In terms of supply, FREED has a maximum supply of ∞, a current circulating supply of 6.6M, with 36.69% already in circulation and 63.31% remaining to be unlocked.

About FreedomCoin

What is FreedomCoin (FREED)?

FreedomCoin (FREED) is a cryptocurrency that positions itself as the first community-driven Proof of Stake (PoS) blockchain project ever created. The project launched in 2016 under the name TrumpCoin and was rebranded to FreedomCoin in 2022. Launched in 2016 as TrumpCoin, the project has been running for over eight years, making it one of the longer-standing PoS networks in operation. The coin is built on a Proof of Stake consensus model. According to the project, staking can be done on any standard PC or Mac, with no specialized mining hardware required. The project states that, unlike Bitcoin, running the network requires no electricity beyond what is needed to keep a PC running. The project describes itself as conservative in all aspects and is currently under community control. Its stated mission is to bring personal and financial freedom to everyone who seeks it. FREED has a total supply of 18,000,000 coins, with approximately 6,604,387 FREED in circulating supply. The project is under community control, with development driven by community contributors.

Key Specifications & Tokenomics

  • Name: FreedomCoin
  • Ticker/Symbol: FREED
  • Consensus Mechanism: Proof of Stake (PoS)
  • Algorithm: Blake
  • Blockchain Type: Proof of Stake blockchain
  • Launch Year: 2016
  • Total Supply: 18,000,000 FREED
  • Circulating Supply: 6,604,387.319 FREED
  • Block Time: 60 seconds
  • Block Reward Split: Patriot Nodes 50%, Stakers 40%, Developers 10%
  • Category: PoS, Blake, Mineable
  • Block Explorer: Chainz.cryptoid.info

Who created FreedomCoin?

Detailed public information about the founding team behind FreedomCoin is currently limited. The project was established in 2016 and has since transitioned to being under community control. The original creator or creators are not identified in the available materials. What is clear is that the project has been maintained by its community for over eight years. The project says users can join the community and start participating within minutes. The project is under community control; the project credits contributors including tc63816381, vegas.james and heiko8182, among many others, for keeping it running.

How does FreedomCoin work?

FreedomCoin operates on a Proof of Stake consensus mechanism, which means that block creation is determined by the amount of coins a participant holds and is willing to stake, rather than by computational power as in Proof of Work systems. According to the project, staking can be done on any standard PC or Mac, with no specialized mining hardware required. The algorithm associated with the project is Blake. FREED carries the 'mineable' tag on data platforms, but the network runs on Proof of Stake: new blocks are produced by staking, not by Proof-of-Work mining. Because it relies on PoS, the project states that running the network requires no electricity beyond what is needed to keep a PC running. This design choice aligns with the project's stated commitment to low energy consumption and accessibility. New block rewards are distributed every 60 seconds, split 50% to Patriot Nodes, 40% to stakers and 10% to developers. The blockchain is publicly viewable through the Chainz.cryptoid.info block explorer, allowing users to verify transactions and network activity.

What makes FreedomCoin unique and valuable?

FreedomCoin distinguishes itself through its long operational history and its community-driven nature. Launched in 2016, the project describes itself as one of the earliest community-driven Proof of Stake networks, a claim made by the project itself rather than independently verified. The project prides itself on being conservative in all aspects, which suggests a focus on stability and steady development rather than aggressive marketing or speculative features. Its low energy consumption compared to Bitcoin is another point of differentiation, as the project states that running the network requires no electricity beyond keeping a standard computer running. The project describes itself as growing every day; no independent user-activity metrics are cited here. Additionally, the project's stated mission of bringing personal and financial freedom to everyone who seeks it provides a clear philosophical foundation that appeals to users who value decentralization and individual sovereignty.

What is FreedomCoin used for?

FreedomCoin serves as the native currency of its Proof of Stake blockchain. It is used to create new blocks through staking, allowing participants to earn rewards while securing the network. As a mineable and stakeable coin, FREED can be acquired through participation in the network's consensus process. The coin also functions as a medium of exchange within the community, and its stated purpose is to bring personal and financial freedom to users. Holders can participate in the project's future as a community-driven initiative in crypto. FREED is tracked on major data platforms; per CoinLore it is currently available on one exchange (FreiExchange, FREED/BTC), and 24-hour trading volume has recently been reported as zero, so liquidity is very limited. Its utility is primarily tied to its role in the PoS network and its community governance aspects.

How Is the FreedomCoin ecosystem developing?

The FreedomCoin ecosystem is characterized by its community-driven development model. Since its launch in 2016, the project has been running for over eight years, which is a significant lifespan for a cryptocurrency project. The ecosystem is currently under community control and is described as growing every day. The project says users can join the community and start participating within minutes. The project maintains a presence on major cryptocurrency data platforms, including CoinMarketCap, CoinGecko, and others, which provides visibility and accessibility for potential participants. The ongoing development relies on community contributions rather than a centralized team, reflecting the project's decentralized ethos. The block explorer at Chainz.cryptoid.info provides transparency for network activity.

How to mine FreedomCoin?

FreedomCoin uses a Proof of Stake consensus mechanism, which means that new blocks are created through staking rather than traditional mining with specialized hardware. According to the project, staking can be done on any standard PC or Mac, with no specialized mining hardware required. To participate, users typically need to hold FREED coins in a compatible wallet and stake them to support the network. FREED carries the 'mineable' tag on data platforms, but the network runs on Proof of Stake: new blocks are produced by staking, not by Proof-of-Work mining. The project states that, unlike Bitcoin, running the network requires no electricity beyond what is needed to keep a PC running. This makes participation accessible to individuals with basic computer equipment. Staking works by holding FREED in a compatible wallet; rewards accrue in proportion to stake, and block rewards are distributed every 60 seconds. Block rewards are split 50% to Patriot Nodes, 40% to stakers and 10% to developers.

How to keep your FreedomCoin Coin safe?

Keeping FreedomCoin safe involves standard cryptocurrency security practices. Users should store their FREED coins in a reputable wallet that supports the coin and its Proof of Stake mechanism. For long-term storage, consider using a wallet that allows you to control your private keys. Enable two-factor authentication where applicable and never share your private keys or seed phrases with anyone. Since FreedomCoin is a community-driven project, it is important to download wallets and software only from official or trusted community sources. Regularly back up your wallet and keep your backup in a secure, offline location. Be cautious of phishing attempts and unsolicited offers, as these are common in the cryptocurrency space. Keeping your operating system and wallet software updated is also recommended to protect against vulnerabilities. As with any cryptocurrency investment, only store what you are prepared to hold and understand the risks involved.

The project lists two non-custodial wallets: FreedomCore (desktop, Windows/Linux/macOS) and My Freed (light web wallet, no blockchain download). A third-party custodial wallet, Dogecash, is not developed by the FreedomCoin team; users should do their own research before entrusting keys to any external platform.

How to Buy and Use FreedomCoin

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsFreedomCoin is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose FreedomCoin products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for FREED 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.

FreedomCoin FAQs

What is the live price, market cap, and 24h volume of FreedomCoin (FREED)?

As of right now, the live price of FreedomCoin (FREED) is $0.001608. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated FREED to USD rate at the top of BTCC’s price page. In terms of market scope, FreedomCoin records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $10.604318K. Its current circulating supply stands at 6.6M out of a maximum supply cap of ∞.

Why does the price of FreedomCoin (FREED) fluctuate, and what drives its volatility?

The price volatility of FreedomCoin (FREED) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (6.6M) 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.

What are the all-time high (ATH) and all-time low (ATL) for FreedomCoin (FREED)?

Looking at its historical price performance, FreedomCoin (FREED) hit an all-time high (ATH) of $1.66965 on 2018-01-06 21:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -$1.217554 on 2021-11-10 14:05. 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.

How to read the FreedomCoin (FREED) price chart for futures trading?

When trading FREED 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 ($0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from FreedomCoin (FREED) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s FREEDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for FreedomCoin, simply log into your BTCC account with USDT margin available, navigate to the FREEDUSDT 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.

Can I trade FreedomCoin (FREED) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for FREEDUSDT 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.

How to practice FreedomCoin (FREED) futures trading with a free demo account?

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: $0.001608), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for FREEDUSDT with zero financial risk.

Step-by-step guide: How to buy and trade FreedomCoin (FREED) on BTCC?

Trading FreedomCoin (FREED) 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 FREEDUSDT, and review its live price ($0.001608) 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.

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