SquiggleStrategyPrice(SQUIGSTR)
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SquiggleStrategy (SQUIGSTR) Price information (USD)
The current real-time price of SQUIGSTR is $0.0002. In the past 24 hours, SQUIGSTR has traded between $0.0002 and $0.0002, showing strong market activity. The all-time high of SQUIGSTR is $0.0083, and the all-time low is $0.0002.
From a short-term perspective, the price change of SQUIGSTR over the past 1 hour is
SquiggleStrategy (SQUIGSTR) Market Information
SquiggleStrategy (SQUIGSTR) Today's Price
The live price of SQUIGSTR today is $0.0002, with a current market cap of $209.169K. The 24-hour trading volume is 9.38. The price of SQUIGSTR to USD is updated in real time.
SquiggleStrategy (SQUIGSTR) Price History (USD)
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What is SQUIGGLESTRATEGY (SQUIGSTR)?
When is the right time to buy SQUIGSTR? Should I buy or sell SQUIGSTR now?
Before deciding whether to buy or sell SQUIGSTR, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SQUIGSTR technical analysis can provide you with trading references.
Future price trend of SQUIGSTR
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SQUIGSTR.
How much will SQUIGSTR be worth tomorrow, next week, or next month in ? What about your SQUIGSTR assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SQUIGSTR Price Prediction
How to buy SQUIGGLESTRATEGY (SQUIGSTR)
Convert SQUIGSTR to local currency
SQUIGSTR Resources
To learn more about SQUIGSTR, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x0000...e08a90  | 481.272M | 51.6% |
ethereum | 0x8e8b...4b8560 | 25.830M | 2.77% |
ethereum | 0x4a8e...7a70ee | 22.811M | 2.45% |
ethereum | 0x0470...94c99e | 20.607M | 2.21% |
ethereum | 0x2221...7b0d28 | 20.101M | 2.16% |
Other | 362.004M | 38.82% |
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SQUIGGLESTRATEGY (SQUIGSTR) FAQ
What is SquiggleStrategy (SQUIGSTR) and how does it function?
SQUIGSTR is an ERC-20 strategy token within the NFTStrategy ecosystem. It provides exposure to the Chromie Squiggle NFT collection through automated DeFi mechanics. Unlike standard fractionalized NFT protocols, it is a third-party strategy that uses trading volume to automate buying and burning based on NFT market movements. It operates as a perpetual machine to link token liquidity with NFT floor stability.
How does the SquiggleStrategy protocol support the Chromie Squiggle floor price?
The protocol collects a portion of every transaction fee to build a treasury. Once the treasury accumulates sufficient ETH, the smart contract automatically purchases the lowest-priced Chromie Squiggle available on the market. This mechanism creates consistent buying pressure on the NFT collection, effectively helping to support and lift the floor price through automated market participation.
What is the fee structure for SQUIGSTR and where are the funds allocated?
SQUIGSTR implements a 10% transaction fee on every buy and sell. The allocation is as follows: 8% is directed to the NFT accumulation pool for floor purchases, 1% is designated for NFT creator royalties, and the final 1% is used to buy and burn PNKSTR, the governance token of the ecosystem. This ensures the protocol remains self-sustaining while supporting the broader ecosystem.
How does the automated burn mechanism work for SQUIGSTR tokens?
When the protocol acquires a floor NFT, it immediately relists the asset for sale at a 1.2x markup (20% above the purchase price). Once the NFT is sold, 100% of the ETH proceeds are utilized to buy back SQUIGSTR tokens from the open market and burn them. This process reduces the circulating supply, creating a deflationary loop intended to benefit long-term holders.
What is the 'Anti-Sniper' tax implemented during the protocol launch?
To ensure a fair launch and prevent automated bots from sniping the liquidity pool, the protocol uses a decaying buy tax. It starts at 95% and decreases by 1% every minute. After approximately 85 minutes, the tax reaches its permanent 10% level. This discourages immediate bot manipulation and allows for a more equitable distribution among genuine participants.
How does SQUIGSTR differ from other tokens like PNKSTR within the same ecosystem?
While both SQUIGSTR and PNKSTR utilize the same underlying smart contract logic, they target different NFT collections. PNKSTR focuses on the CryptoPunks collection, whereas SQUIGSTR is specifically engineered for the Chromie Squiggle collection. Both tokens contribute to the same ecosystem, but their value drivers are tied to the specific market dynamics of their respective NFT targets.
