What is Dogwifhat (WIF)? The Solana Dog Meme Coin With a Hat

What do you get as a cute canine a good nicer hat on? A meme coin in fact!

Meme coin traders love canine and one Photo of a pooch with a pink woven hat Went viral – and conquered the crypto world storm, its personal spawning Solana-Primarily based meme coin, Dogwifhat (WIF).

On the true one, wif ‘actually only a canine wif is a hat’, in line with his officialWith out guarantees of revolutionary expertise or precise use. Nonetheless, Dogwifhat was shortly established to one of many Largest meme coins per market capital After it was first barked in November 2023, even as a result of its worth is fluctuating over time.

What’s Wif?

Dogwifhat (WIF) is a meme coin constructed on the Solana blockchainWith a neighborhood that usually says “The hat stays on“As an indication of assist. It turned well-liked due to the onerous assist of the crypto neighborhood, led by influencers akin to Ansem Die have collected a substantial supporter whereas defending token.

There may be actually not a lot anymore on the hand-not high-tech barkitecture right here. As they stated, it is actually only a canine with a hat.

Wif’s turnout and reduce

Wif went dwell in November 2023, in line with one tweet From his official account, earlier than he achieved his highest peak of $ 4.83 and a market capitalization of $ 4.58 billion on 31 March.

Early Dogwifhat -Pioniers struggled via the primary month of the “hodling” of the token, simply to see substantial revenue within the following weeks.

In December 2023 the forex noticed a value swing of two,000 instances in a course of a month, and a dealer modified $ 300 from WIF that they purchased on the day it launched token in $ 300,000. Whereas one other investor claims to have made tons of of 1000’s in the identical interval to change into a WIF billionaire.

“The canine wears a hat, and each time I appeared on the meme, it made me chuckle” tweeted. “That is it.”

Though it may be averted to fritter away like the vast majority of moments, Wif has proven appreciable volatility in the middle of its existence.

In November 2024 it recovered nearly all time, with $ 4.19 and a market capitalization of $ 4.2 billion. By March 2025, nevertheless, token had fallen to nearly $ 0.43-one a drop of 91% in comparison with his all time.

Who’s the canine Wif de Hoed?

Declared Achi (beforehand often called Chi-Chi), the canine in query is a Shiba-inu-a well-liked breed of canine inside the crypto neighborhood, which has change into the face of the unique meme coin, dogecoin.

Achi is now about six years previous, with the viral picture born two months after her on September 15, 2018.

Achi at present lives in South Korea together with her homeowners, who personally knitted the lovable hat himself. Initially, her homeowners responded positively to the brand new fame of their canine and took them to Instagram Announce an NFT auction From the unique, iconic picture of Achi.

Sadly, this introduced a combat with the Solana neighborhood, as a result of the NFT was overwhelmed on the Ethereum Blockchain – As a substitute of Solana, the house of the Meme Coin. This was after Achi’s mother and father tried to work along with a Solana developer and a Achi -TokenHowever the homeowners had been struck quickly is a dog-eat-dog world. After this villain expertise, the homeowners turned to an Ethereum -based on-line neighborhood to assist. But the Solana neighborhood was not completely happy and complaints continued to fly.

‘Please don’t insult [Achi] And us, “the homeowners wrote in a set comment on the Instagram submit, in an try to snore the haters.” You don’t have any cause accountable us. Please encourage us. “

On March 18, Achi’s iconic picture was bought for 1,210,759 ETH (roughly $ 4.27 million at that time).

If you need extra photographs of Achi Instagram account of the ownerThat her life has documented for the previous six years.

Who made the Dogwifhat -MEME?

Though we all know that the canine is the hat Achi, the meme comes from the skilled Fortnite participant and streamer Issa, who posted the picture as his Twitter -Profile photo in 2019– To which a consumer answered: “Dogwifhat.”

Extra folks within the Fortnite scene started to alter their profile photographs into the long-lasting canine picture, wherein Issa “take over Dogwifhat”. Quickly gamers, streamers and organizations of different eSports video games akin to Rocket League turned concerned.

Within the subsequent evolution of the meme, folks started so as to add the canine’s hat eSports -organizationsHypebeast manufacturers and different memes. This was then Youtuber Keemstar I acquired concerned and put his Twitter profile picture on the canine who wears a hat along with his emblem.

Isa claimed to be the creator of the Dogwifhat -Meme, Issa has bought a statue of Achi by YouTooz. Nonetheless, Issa claims to don’t have any reference to the Solana Meme Coin, nor has he has “dangerous blood” with the challenge.

In response, Issa has a Dogwifhat -toking on Ethereum– With significantly much less success. Within the meantime, the makers of the Solana WIF -Token stay fully nameless, with out details about him, her or them on-line.

Canine Wif Bol?

In February 2024, the “Bol wif hat“Marketing campaign launched to choose up $ 650,000 to get his furry, beanie-toped namesake plastered on the biggest display on this planet: the environment in Las Vegas. In mid-March that purpose was achieved from March 2025, the canine (and his hat) nonetheless needed to adorn the construction.

Throughout 2024, followers of the challenge launched their concern that the 5 organizers of fundraising (together with pseudonymous Wif Bull Ansem) had been silent in regards to the plans. In June, one of many organizers, Mihiri, promised that if the marketing campaign was canceled, the funds could be returned.

These funds are held in a multi-SIG portion, the place a number of portfolios should signal a transaction in an effort to be processed. On the time of writing, it Currently applies Nearly $ 698,000 within the USDC Stablecoin, along with $ 842 on Solana (SOL), and a Nest Meme Cash.

On January 29, the official Dogwifhat account “formally confirmed. Viva Hat Vegas” beside a photograph of his furry mascot that wore the sphere as a hat and a telephone held with “Q1 2025” that appeared on the display to imagine that the long-promoted deal was on the threatening. However the tweet was shortly eliminated and posted once more with out the Tagelijn “formally confirmed”, whereas the Dogwifhat account answered“Dates as quickly as we are able to share,” stated a Dogwifhat reply. “Hat stays on.”

Two days later, a sphere instructed consultant Decrypt That there isn’t any deal to promote Dogwifhat at its location – and that there was by no means one.

“We’ve by no means had a take care of Dogwifhat, and at the moment our desk had just one provisional dialog in the beginning of final 12 months,” stated a spokesperson for the situation. “There was and isn’t a plan for Dogwifhat to look on the exosphere, and we’re unhappy, they use our title for fraudulent functions.”

In response, the official account of the Meme Munt tweeted That it was in “fixed negotiations with completely different events to work collectively on the atmospheric commercial” and added that “as a result of the WIF staff shouldn’t be a enterprise entity, the organizers work with a longtime model to hold out this commercial.”

Nevertheless, the consultant of the Bol clarifies Decrypt That “there was and isn’t a plan” for Dogwifhat to look on the location and add it “in the meanwhile, Sphere solely accepts ads from commerce gala’s and [about] Bitcoin. “

Whereas the organizers of the fundraising declare that the Dogwifhat Sphere commercial is on the highway, customers of the on-chain prediction market have been repelled (launched by DecryptThe guardian firm Dastan) shouldn’t be satisfied, with Almost 96% believe it will not happen at the end of Q1.