- #4783
Freicoin FRC
FRC Price
Market Cap
--Rank #4783FDV
$540,700.00Rank #6429Investors
Twitter Followers
Twitter Performance
102WeakRank by Twitter #12700- 0
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Detailed Performance
FRC shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
FRC to USD Converter
Price History
- All-Time High
- $0.338562.60x to ATH
- All-Time Low
- ---- to ATL
- Trade Launch Date
- 3 May, 2013
4189 days ago
About FRC
Freicoin is a peer-to-peer digital currency that aims to provide freedom from usury. It is based on the concept of a proof-of-work block chain, similar to Bitcoin. One of the key features of Freicoin is that it eliminates the basic interest component of investments, which is believed to distort the free market and incentivize negative behaviors. Instead, Freicoin has a demurrage fee, proposed by Silvio Gesell, that ensures circulation and discourages hoarding. This fee has been tested with positive results in the past.
What makes Freicoin unique?
Freicoin is unique compared to other cryptocurrencies in several ways. Firstly, it incorporates the concept of demurrage, which is a fee charged on holding money. This encourages the circulation of money and discourages hoarding, promoting a more equitable distribution of wealth.
Secondly, Freicoin aims to separate the roles of money as a store of value and as a medium of exchange. This allows money to flow more freely in the economy and helps to stabilize its value, reducing the risk of inflation or deflation.
Additionally, Freicoin eliminates the basic interest component of investments, which is known as the liquidity premium. This helps to prevent distortions in the free market and discourages short-term thinking and excessive greed.
Overall, Freicoin's unique features aim to create a more sustainable and equitable financial system.
Live Freicoin Price Data
The current price of Freicoin (FRC) is approximately $0.005407, reflecting a increase of 164.59% in the last 24 hours. The FRC trading volume in the last 24 hours stands at $67.10.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Freicoin's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on FRC, check out our crypto insights page.
FRC to USD Converter
Price History
- All-Time High
- $0.338562.60x to ATH
- All-Time Low
- ---- to ATL
- Trade Launch Date
- 3 May, 2013
4189 days ago