HIMOONBIRDS (HIBIRDS) Token Introduction
HIMOONBIRDS (HIBIRDS) is an ERC-20 standard token based on the Ethereum blockchain, primarily positioned as an NFT ETF (Non-Fungible Token Exchange-Traded Fund) token. Launched by Fracton Protocol, the token aims to achieve fractional ownership of Moonbirds NFTs within the Moonbirds Meta-swap pool through smart contracts. Specifically, one HIMOONBIRDS token represents a 1/1,000,000 share of a Moonbirds NFT held in the Fracton Protocol smart contract.
This mechanism allows users to participate in the value of Moonbirds NFTs in smaller units, lowering the investment threshold for high-value NFTs. Users holding HIMOONBIRDS tokens can theoretically redeem a complete Moonbirds NFT through the Fracton Protocol, with a redemption fee of 0.6%. Its underlying network security is guaranteed by Ethereum's state machine.
Market Status and Liquidity Analysis
Despite the innovative design of HIMOONBIRDS tokens, their current market performance and liquidity situation are not optimistic. According to public data, the token's trading market is almost depleted, with a lack of effective transactions.
- Scarce Trading Volume: As of publication, multiple data sources show HIMOONBIRDS's 24-hour trading volume as zero or extremely low, indicating almost no active buying or selling on the market.
- Questionable Circulating Supply: Major data platforms, including Bitget and CoinMarketCap, all show HIMOONBIRDS's circulating supply as 0, which may mean the token is not circulating in the open market, or its circulation data cannot be accurately tracked.
- Stagnant Price Data Updates: Some information sources indicate that the price data for this token may not be updated or has stopped updating, which aligns with limited exchange liquidity or potential delisting. While historical data mentions an all-time high of approximately $0.28992 in June 2023, these are past records and do not reflect the current market situation.
Given the aforementioned market conditions, HIMOONBIRDS tokens currently have no active trading market. Investors considering any activities related to this token should be fully aware of its extremely high liquidity risk and uncertainty.
