CryptoComLearn recently published detailed information about First Convicted RACCON (FRED), a token driven by the community on X (formerly Twitter). According to the data, FRED recorded an all-time high price of $0.23, though the current price has dropped significantly from that peak (exact decline not disclosed in the source).
Token Supply and Circulation
As of May 25, 2026, the circulating supply of FRED is 999,817,667 tokens, with a maximum supply of 999,839,699. This means virtually all tokens are already in circulation, leaving only about 22,000 unreleased. Such a high circulation ratio suggests minimal future unlocking pressure, which could be a positive factor for price stability.
Storage Options
FRED can be stored in custodial wallets on exchanges (no private key management required), self-custody wallets (browser, mobile, desktop), hardware wallets, third-party crypto custody services, or paper wallets. The variety of storage methods provides flexibility but also reminds investors to handle private keys securely.
Market Impact Analysis
As a community-driven meme coin, FRED's price is highly sensitive to social media sentiment and narrative cycles. Current prices far below the ATH indicate a significant cooling of speculative interest. However, the near-fully diluted supply may reduce future sell pressure. If the community reignites the meme narrative, a rebound is possible. Investors should note the high-risk nature of meme tokens with no intrinsic utility, and only allocate a minimal portion of their portfolio.
Note: Real-time price, market cap, and volume data were not provided in the source. This analysis relies solely on disclosed information; actual market performance should be checked on exchange platforms.