The Solana-based memecoin FRIC, albeit small, draws attention due to its unique approach and active community.
What is FRIC?
The FRIC token was created at the end of November 2024. FRIC is described as a 'pure memecoin', having no real utility or value. The official site states: 'This is a meme coin with no intrinsic value or expectation of financial return. I will continue to draw this frog in the future. Please watch over with a warm heart.' Thus, its value completely relies on sentiment and community engagement.
Dric: The Artist Behind FRIC
Dric is an artist with an impressive following of 656,000 on Instagram. Most of Dric's art features the Fric character, regularly receiving a large number of likes. While good art can't guarantee a memecoin's success, unique and appealing graphics can help a project stand out.
FRIC's Tokenomics
Like all tokens launched on Pump.fun, FRIC has a maximum supply of 1 billion tokens. According to Solscan, there are about 15,300 FRIC holders. Despite this, the biggest token holders are mostly exchanges. There are also significant wallet holders, indicating potential for sudden price swings.
FRIC is an intriguing addition to the Solana memecoin ecosystem due to its art and community backing. However, its future relies on continued engagement and attracting new participants.
