Freicoin was almost dead and has recently come back through grass roots efforts: Fedde built a new exchange, and a new explorer was built showing demurrage paid. There was a wallet update last August.
These efforts are continuing. In the works are updating p2pool software, updating wallets, and Fedde's exchange will be expanding to include other crypto-currencies all trading relative to FRC.
The demurrage aspect of the currency means the coin is designed for spending and not speculating. Nevertheless, the present potential for value rise far exceeds the annual 5% demurrage fe