The Red Firecracker Fish is not based on any actual living fish. Its color and shape are directly related to festivities held during the Chinese New Year. The use of firecrackers have long been used during this festival, as their loud noise was believed to scare away evil spirits. Often the firecrackers are colored red, as the color red is auspicious and was also believed to be able to ward off evil spirits.
This is a giftable type of fish in the Aqua Pets game. Gift fish are not worth any money in the game, they are collectible fish to send only to friends.