What is Hedgehog in the Fog (HIF) crypto coin? The truth about this dying meme token

Hedgehog in the Fog (HIF) isn't a cryptocurrency you buy to make money. It's a digital relic - a fading meme project built on nostalgia, not utility. Launched on December 12, 2021, on Binance Smart Chain, HIF uses the image of the beloved 1975 Soviet animated short film Hedgehog in the Fog as its only real asset. There’s no team, no roadmap, no real community. Just a token with a pretty logo and a story that stopped being interesting years ago.

How much is HIF worth right now?

As of November 2025, HIF trades at around $0.00012 per token. That’s down 99.65% from its all-time high of $0.03935 in June 2024. Its market cap sits at roughly $27,680. For context, that’s less than the cost of a used laptop. Bitcoin’s market cap is over $2 trillion. HIF represents 0.0000013% of that. You could buy over 200,000 HIF tokens for the price of a coffee.

Here’s the problem: almost nobody is trading it. CoinMarketCap shows $0 in 24-hour volume. Delta app says $565. CoinGecko says $4.79. These numbers don’t match because there’s no real market. A few people are buying and selling on one exchange, and those trades are tiny. That’s called illiquidity. It means if you try to sell even 10,000 HIF tokens, you’ll crash the price. Buyers aren’t there. Sellers are.

Where can you buy HIF?

You can only trade HIF on one exchange, according to CoinGecko. That’s not normal. Even the most obscure meme coins have at least 3-5 places to buy them. HIF is stuck on a single, low-volume platform. To even try, you need a Binance Smart Chain wallet - like MetaMask or Trust Wallet. You’ll need to swap BNB or USDT for HIF using a decentralized exchange like PancakeSwap. The contract address is EQCLWv...OfNFMy, but don’t trust it blindly. There’s no official website, no verified team, no audit. It’s just a smart contract floating in the blockchain ether.

Why does HIF even exist?

It exists because someone liked a cartoon. That’s it. The 1975 Soviet animation is a quiet, poetic masterpiece about a hedgehog walking through mist, searching for meaning. It’s deep. It’s emotional. It’s not a crypto project. But in 2021, someone thought: “What if we turn this into a token?” And they did. No whitepaper. No utility. No team. Just a logo, a name, and a hope that people would buy it because it felt nostalgic.

That’s the core of HIF: it’s a meme with no punchline. Dogecoin has Elon Musk. Shiba Inu has a community of millions. HIF has a 50-year-old cartoon. And that’s not enough. The Russian government even released a 3-ruble silver coin featuring the hedgehog in 2024 - but that didn’t help HIF. If anything, it made the crypto version feel even more like a cheap knockoff.

Is HIF a good investment?

No. Not even close.

There’s no data to predict its price. CoinCodex says they can’t even run an algorithm because there’s not enough trading history. That’s not a red flag - that’s a flashing neon sign. Meme coins that survive have hype, volume, and community. HIF has none of those. Its 7-day price change is +5.8%, but the broader meme coin market jumped 21.2% in the same period. HIF isn’t keeping up. It’s falling behind.

And here’s the brutal truth: if you bought HIF at its peak, you lost 99.65% of your money. If you bought it now, you’re gambling on a dead project. There’s no development activity. No GitHub. No updates. No Twitter engagement beyond 127 tweets in six months. Reddit has zero threads. Trustpilot has zero reviews. It’s a ghost town.

What’s the risk?

The biggest risk isn’t losing money - it’s losing your ability to get out.

With a market cap under $50,000 and trading volume under $100, HIF is a classic zombie coin. These are tokens that are technically alive but functionally dead. No one cares. No one trades. No one develops. They’re often the result of a “pump and dump” - where a small group buys a ton of tokens, hyped them up, sold to new buyers, and then vanished.

Bitwise Asset Management’s 2024 report says any crypto with daily volume under $1,000 has “effectively no market liquidity.” HIF doesn’t even hit $100 most days. That means if you buy 1 million HIF tokens, you might not be able to sell them for weeks - if ever. You’re stuck. And if you try to sell in a hurry, you’ll crash the price and lose everything.

Who still talks about HIF?

No one.

Not analysts. Not traders. Not even meme subreddits. It’s not on CoinGecko’s trending list. Not on CoinMarketCap’s top gainers. Not on Twitter. Not on YouTube. The only places it appears are token trackers and old forum posts from 2022. The project’s own website - if you can still find it - claims “active developers” and “expanding DeFi and NFT use cases.” But there’s no proof. No code. No announcements. No new features. Just empty words.

The cartoon it’s based on? Still beloved. Still watched. Still taught in film schools. The HIF token? A footnote in crypto history. A cautionary tale about how nostalgia doesn’t build value.

What should you do instead?

If you like the idea of meme coins, go for ones with real activity. Dogecoin has a massive community. Shiba Inu has a growing ecosystem. Even obscure ones like Pepe or Bonk have daily volume in the millions. They’re still risky, but at least you can buy and sell without waiting days.

If you’re drawn to the art of Hedgehog in the Fog, watch the film. Buy the official Russian commemorative coin. Download the animation. That’s where the real value is. The HIF token? It’s just a digital ghost.

Final thoughts

Hedgehog in the Fog (HIF) isn’t a crypto project. It’s a museum piece - one you shouldn’t touch. It has no future, no liquidity, no team, and no reason to exist beyond its origin story. The cartoon still matters. The token doesn’t. Don’t waste your time or money on it. If you see someone pushing HIF as a “hidden gem,” walk away. It’s not hidden. It’s dead.