What is FRED: A Comprehensive Guide to the Federal Reserve Economic Data Database

2025-12-27 18:42:39
Altcoins
Crypto Ecosystem
Memecoins
New Cryptocurrencies
Solana
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# Article Overview: First Convicted Racoon (FRED) Comprehensive Guide **First Convicted Racoon (FRED)** is a Solana-based community token ranked #2,755 in cryptocurrency markets with a $846,567.32 market cap. This guide provides investors with essential insights into FRED's tokenomics, market performance, and blockchain infrastructure. The article addresses key questions about token circulation, price volatility, and trading accessibility on Gate. Readers will discover FRED's fixed supply model, 96.49% year-over-year price decline, and current trading metrics across three exchanges. Perfect for crypto investors evaluating altcoin opportunities, this resource outlines both investment potential and critical risk factors including low liquidity and extreme volatility.
What is FRED: A Comprehensive Guide to the Federal Reserve Economic Data Database

First Convicted Racoon (FRED) Research Report

First Convicted Racoon's Positioning and Significance

First Convicted Racoon (FRED) is a cryptocurrency project built on the Solana blockchain with the stated mission of "Justice for Fred." As a community-driven token, FRED operates within the broader ecosystem of Solana-based assets.

As of December 28, 2025, FRED holds a market ranking of 2,755 among all cryptocurrencies, with a market capitalization of $846,567.32 and a fully diluted valuation equivalent to its market cap. The project maintains an active holder community of 30,699 addresses.

This report provides a comprehensive analysis of FRED's market performance, technical specifications, and current market dynamics.


Origin and Development Timeline

Project Background

First Convicted Racoon (FRED) was launched as a Solana-based token project. The project's tagline, "Justice for Fred," reflects its community-oriented positioning within the Solana ecosystem.

FRED was published at an initial price of $0.2204, representing the project's entry point into the market.

Key Market Milestones

  • All-Time High: Reached $0.2388 on November 15, 2024
  • All-Time Low: Touched $0.0006767 on November 21, 2025
  • Current Status (December 28, 2025): Trading at $0.0008467 with 999,843,302 circulating tokens

The project currently trades on 3 exchange platforms, providing liquidity access to investors.


How First Convicted Racoon Works?

Blockchain Foundation

FRED operates on the Solana blockchain, leveraging Solana's high-performance infrastructure. The token contract is deployed at address CNvitvFnSM5ed6K28RUNSaAjqqz5tX1rA5HgaBN9pump on the Solana network.

The project utilizes Solana's consensus mechanism, which is designed to provide high transaction throughput and low latency while maintaining network security through a distributed validator set.

Token Economics

First Convicted Racoon maintains a fixed supply model with the following characteristics:

  • Total Supply: 999,843,302 FRED
  • Circulating Supply: 999,843,302 FRED (100% circulating)
  • Circulating to Max Supply Ratio: 100%

This tokenomics structure indicates that all tokens are already in circulation, with no additional inflation mechanisms built into the protocol.

Network Participants

The FRED network is maintained by Solana validators who process transactions and secure the network. These validators are incentivized through Solana's rewards mechanism, which ensures network security and operational continuity.

Security and Transparency

FRED transactions benefit from Solana's cryptographic security framework, which employs public-key cryptography to ensure transaction authenticity and prevent double-spending. All transactions are publicly verifiable on the Solana blockchain explorer, maintaining transparency across the network.


Market Performance Analysis

Price Dynamics

Current Trading Data (December 28, 2025)

Metric Value
Current Price $0.0008467
24H High $0.0008761
24H Low $0.0008403
All-Time High $0.2388 (November 15, 2024)
All-Time Low $0.0006767 (November 21, 2025)
Timeframe Change Amount
1 Hour -0.11% -$0.000000932
24 Hours -0.21% -$0.000001782
7 Days +2.71% +$0.000022340
30 Days -9.62% -$0.000090122
1 Year -96.49% -$0.023275807

The token has experienced significant depreciation over the past year, with a -96.49% decline from its year-ago valuation, though recent weekly performance shows modest recovery with a +2.71% increase over the past 7 days.

Liquidity and Trading Activity

  • 24-Hour Trading Volume: $12,427.18
  • Market Capitalization: $846,567.32
  • Market Dominance: 0.000026%
  • Active Holders: 30,699 addresses

Risk Considerations

Investors should note the following characteristics when evaluating FRED:

  1. Extreme Volatility: The token has experienced a -96.49% decline over one year, indicating substantial price volatility and risk exposure.

  2. Low Trading Volume: The 24-hour trading volume of $12,427.18 relative to market cap suggests limited liquidity, which may result in slippage on larger orders.

  3. Market Position: As a token ranked 2,755 in market capitalization, FRED operates in the lower-tier segment of the cryptocurrency market.

  4. Community-Driven Nature: The project's positioning as a community token introduces dependencies on sustained community engagement and sentiment.


Accessing First Convicted Racoon

FRED is tradable on multiple platforms. Users interested in acquiring or trading FRED can access the token through Gate.com and other supported exchanges listed on the token's official pages.

For detailed trading instructions and current price information, users can visit the official website at https://fredonsol.fun/ or access real-time data through the Solana explorer at the contract address listed above.


Conclusion

First Convicted Racoon (FRED) operates as a community-driven Solana-based token with a fixed supply of approximately 1 billion tokens. While the project has experienced substantial price depreciation from its all-time highs, recent weekly performance shows modest recovery potential.

Prospective investors should conduct thorough due diligence, considering the project's low market capitalization, limited trading volume, and historical volatility before making investment decisions. The decentralized nature of the Solana blockchain ensures transaction security and transparency, though market dynamics remain subject to community sentiment and broader cryptocurrency market conditions.


Last Updated: December 28, 2025

First Convicted Raccon (FRED) Market Performance Report

Market Overview

First Convicted Raccon (FRED) is a cryptocurrency project with the mission of "Justice for Fred," built on the Solana blockchain. As of December 28, 2025, FRED has a market capitalization of $846,567.32 and maintains a fully diluted valuation (FDV) at 100% of its market cap, indicating a fully circulated token supply.

Circulation Overview

As of December 28, 2025, First Convicted Raccon has a circulating supply of 999,843,302 FRED tokens, which equals its total supply and maximum supply. This indicates that 100% of all FRED tokens are currently in circulation, with no additional tokens scheduled to be released.

The token operates on the Solana blockchain with a fixed supply model, meaning no new tokens will be created beyond the current maximum supply of 999,843,302 FRED.

Price Volatility

FRED reached its all-time high of $0.2388 on November 15, 2024, reflecting strong market sentiment during that period.

The token's all-time low stands at $0.0006767, recorded on November 21, 2025.

Recent Price Performance

As of December 28, 2025, FRED is trading at $0.0008467 with the following price movements:

Timeframe Change Percentage Change Amount
1 Hour -0.11% -$0.000000932
24 Hours -0.21% -$0.000001782
7 Days +2.71% +$0.000022340
30 Days -9.62% -$0.000090122
1 Year -96.49% -$0.023276

The significant year-over-year decline of 96.49% from the launch price of $0.2204 indicates substantial depreciation since the project's inception.

Check the current FRED market price on Gate.com

Market Metrics

  • 24-hour Trading Volume: $12,427.18 USDT
  • Market Cap: $846,567.32
  • Market Dominance: 0.000026%
  • Total Holders: 30,699
  • Exchanges Listed: 3 exchanges
  • 24-Hour High: $0.0008761
  • 24-Hour Low: $0.0008403

Blockchain Details

FRED operates on the Solana blockchain. The contract address is:

CNvitvFnSM5ed6K28RUNSaAjqqz5tX1rA5HgaBN9pump

Users can verify transactions and token activity through the Solana blockchain explorer.

Official Resources


Report Date: December 28, 2025

First Convicted Racoon (FRED) Market Analysis Report

Overview

First Convicted Racoon (FRED) is a token built on the Solana blockchain with the mission statement "Justice for Fred." As of December 28, 2025, FRED is ranked #2,755 in the global cryptocurrency market with a market capitalization of $846,567.32 and a circulating supply of 999,843,302 tokens.

Key Metrics

Metric Value
Current Price $0.0008467
24H Change -0.21%
7D Change +2.71%
30D Change -9.62%
1Y Change -96.49%
24H Volume $12,427.18
All-Time High $0.2388 (November 15, 2024)
All-Time Low $0.0006767 (November 21, 2025)
Total Holders 30,699
Market Dominance 0.000026%

Token Distribution & Supply

FRED operates with a fixed supply model:

  • Circulating Supply: 999,843,302 tokens
  • Total Supply: 999,843,302 tokens
  • Maximum Supply: 999,843,302 tokens
  • Circulating Ratio: 100%
  • Fully Diluted Valuation (FDV): $846,567.32

The 100% circulation ratio indicates that all tokens are already in circulation, with no additional supply scheduled for release.

Blockchain Infrastructure

FRED is deployed on the Solana blockchain, leveraging SOL's high-speed and low-cost transaction capabilities.

  • Chain: Solana (SOL)
  • Contract Address: CNvitvFnSM5ed6K28RUNSaAjqqz5tX1rA5HgaBN9pump
  • Block Explorer: Solana Explorer

Community & Social Presence

FRED maintains an active online community across multiple platforms:

The project demonstrates community engagement through its social media channels, with ongoing discussions centered around the project's mission and development initiatives.

Market Performance Analysis

FRED exhibits significant volatility characteristic of smaller-cap tokens:

  • 1-Hour: -0.11% change
  • 24-Hour: -0.21% change
  • 7-Day: +2.71% change (positive momentum)
  • 30-Day: -9.62% change (short-term downtrend)
  • 1-Year: -96.49% change (substantial decline from launch levels)

The token's 24-hour trading range stands between $0.0008403 and $0.0008761, indicating tight volatility within the current trading session.

Market Position

With a market cap of $846,567.32 and ranking at #2,755, FRED occupies a position in the mid-tier altcoin space. The token's market share of 0.000026% reflects its niche status within the broader cryptocurrency ecosystem.

Trading Availability

FRED is available for trading on 3 exchanges, including Gate.com, providing multiple entry and exit points for interested participants.

Challenges & Considerations

FRED, as a smaller-cap token with significant year-over-year decline, presents several risk factors for investors:

  • Price Volatility: The 96.49% decline over one year indicates substantial downside risk
  • Liquidity Constraints: Limited trading volume ($12,427.18 in 24H) may impact entry and exit execution
  • Market Capitalization: Small market cap increases susceptibility to price manipulation and rapid value fluctuations
  • Limited Exchange Coverage: Trading on only 3 exchanges restricts accessibility

Investment Considerations

Potential Opportunities

  • Early-stage Solana ecosystem token with niche community support
  • 100% token circulation reduces dilution concerns
  • Active project development and community engagement

Risk Factors

  • Extreme year-over-year price decline suggests market skepticism
  • Low trading volume may result in high slippage during larger trades
  • Small holder base (30,699 addresses) concentrates ownership risk
  • Limited institutional adoption or major partnership announcements

How to Acquire FRED

  1. Purchase: FRED is available on Gate.com and two additional exchanges
  2. Trading Pair: Available for trading against major cryptocurrency pairs
  3. Wallet Storage: Users should employ secure self-custody solutions for token storage

Conclusion

First Convicted Racoon (FRED) represents a speculative, community-driven token operating on the Solana blockchain. While the project maintains active community engagement and offers a unique narrative centered on its mission statement, the significant price decline and limited market penetration warrant cautious consideration from investors.

The token's success depends on community growth, exchange expansion, and potential utility development within the Solana ecosystem. As with all smaller-cap cryptocurrencies, FRED carries elevated risk factors and should only be considered by risk-tolerant participants conducting thorough due diligence.

Last Updated: December 28, 2025

FAQ

What is FRED slang for?

FRED is slang for a socially unacceptable person, freeloader, or foolish person, primarily used on US campuses. It can also refer to someone considered an idiot in casual conversation.

Is FRED a reliable source?

Yes, FRED is a reliable source for economic data provided by the Federal Reserve Bank of St. Louis. It offers accurate, timely data on various economic indicators and is widely trusted by researchers and analysts worldwide for economic analysis.

What is a FRED?

FRED is an online database by the Federal Reserve Bank of St. Louis providing hundreds of thousands of economic data time series from national and international sources. It helps users find, display, save, and share economic data easily for analysis and research.

What is FRED an acronym for?

FRED stands for Federal Reserve Economic Database. It is a comprehensive online resource maintained by the Federal Reserve Bank of St. Louis that provides access to economic data and statistics.

How do I access FRED data?

You can access FRED data through the official Federal Reserve Economic Data website at fred.stlouisfed.org. Simply visit the platform, search for desired economic indicators, and download the data directly. APIs and data feeds are also available for programmatic access to real-time economic information.

What kind of economic data does FRED provide?

FRED provides over 800,000 economic time series across eight categories: money, banking, national accounts, labor markets, production, prices, international data, and regional data from 110 national and international sources.

Who maintains and manages FRED?

FRED is maintained and managed by the Research Department at the Federal Reserve Bank of St. Louis. It provides economic data and analytical tools for users to understand and analyze economic information.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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