hiSQUIGGLE (HISQUIGGLE) Token Overview
hiSQUIGGLE (HISQUIGGLE) is an ERC-20 token built on the Ethereum blockchain. It uniquely represents one-millionth ownership of the renowned NFT series Chromie Squiggle within Fracton Protocol's Meta-Swap pool. This design enables the fractionalization of expensive non-fungible tokens (NFTs), allowing more users to participate in high-value NFT investments with smaller shares.
Fracton Protocol: NFT Liquidity Infrastructure
hiSQUIGGLE tokens are issued by Fracton Protocol, an infrastructure project focused on NFT liquidity. The protocol aims to provide a unified liquidity solution for the NFT market through a two-step fractionalization process. Its core idea is to transform NFT assets, which are typically indivisible and illiquid, into tradable tokenized shares, thereby enhancing the capital efficiency and accessibility of NFTs.
Token Nature and Mechanism
- NFT ETF Token: hiSQUIGGLE is described as an NFT ETF (Non-Fungible Token Exchange-Traded Fund) token, with its value backed by the underlying Chromie Squiggle NFT.
- ERC-20 Security: As part of the Ethereum ecosystem, hiSQUIGGLE's network security is ensured by Ethereum's robust state machine.
- Redemption Mechanism: Users holding a sufficient number of hiSQUIGGLE tokens can redeem a complete Chromie Squiggle NFT from the protocol, subject to a 0.6% redemption fee. For each Chromie Squiggle NFT, 1,000,000 hiSQUIGGLE tokens are in circulation, meaning its maximum supply has no hard cap but depends on the number of Chromie Squiggle NFTs in the Meta-Swap pool.
Market Performance and Data
As of November 2, 2026, the price of hiSQUIGGLE varies slightly across different data sources, generally fluctuating between $0.004 and $0.009. Its all-time high was $0.03894, with the current price down approximately 77.69% from that peak. The token's market capitalization is around $75,750, and its circulating supply ranges from 13.93 million to 18.94 million HISQUIGGLE. Notably, some data platforms show its 24-hour trading volume as zero, indicating very limited market liquidity. Users can check its latest price and project information on platforms like Svmuu.
hiSQUIGGLE (HISQUIGGLE) Trading Channels
Given hiSQUIGGLE's low trading activity and zero trading volume reported by some platforms, its trading channels are relatively limited. Currently, the token is primarily traded through decentralized exchanges (DEXs) rather than mainstream centralized exchanges (CEXs).
- Decentralized Exchanges (DEXs): As an ERC-20 token, hiSQUIGGLE can be traded on DEXs that support the Ethereum network, for example, by connecting a Web3 wallet like MetaMask to a DEX. Binance Web3 Wallet also allows users to connect to DEXs for purchases.
- Exchange Services: Platforms like StealthEX offer exchange services for hiSQUIGGLE to other cryptocurrencies like Bitcoin, often without KYC verification.
- Data Platforms: While platforms such as KuCoin, Crypto.com, and Coinbase list hiSQUIGGLE price data, KuCoin explicitly states that this cryptocurrency is not yet officially listed for trading on its platform, and Coinbase also shows its market cap and 24-hour trading volume as zero. Crypto.com mentions the possibility of exchanging it through its decentralized product, Onchain.
Given that the token's current trading activity cannot be confirmed and there is a risk of liquidity exhaustion, investors are advised to exercise extreme caution and fully understand the associated risks before trading.
