dogwifhat

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dogwifhat
Token
Ticker$WIF
ContractEKpQ…zcjm
ChainSolana
Launched2023-11-20
StatusActive
X@dogwifcoin
Also known aswif
dog wif hat
Market
Price—
Market cap—
Liquidity—
Volume (24h)—
Change (1h)—
Change (24h)—
DEX Screener · Birdeye · GMGN · Solscan

dogwifhat (ticker WIF) is a Solana memecoin built on a photo of Achi, a Shiba Inu wearing a pink knitted beanie.[1][2]

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Price chart, 15-minute candles. Live from DEX Screener.

Lore[edit]

The photo was taken in November 2018 by Achi's owners in South Korea.[2] It spread in 2019 after Fortnite player and streamer Issa used it as his Twitter profile picture; Issa claims no affiliation with the coin.[1] The token went live in November 2023 and its creators are anonymous.[1]

WIF was the flagship of the early-2024 Solana memecoin run, following Bonk. Binance listed it in early March 2024 and it set an all-time high on 2024-03-06.[3] It peaked at $4.83 on 2024-03-31, a market cap of about $4.58 billion.[1] Coinbase added it on 2024-11-13, when its market cap was about $4.1 billion.[4] By March 2025 it had fallen to about $0.43, 91% below the peak.[1]

The photo and the hat

Achi's owners sold the original photo as an NFT on Foundation in March 2024 for 1,210.759 ETH (about $4.3 million) to the pseudonymous trader GCR.[2] The Ethereum mint upset parts of the Solana community.[1] The physical beanie sold on Bitcoin Ordinals marketplace Ord City on 2025-08-07 for 6.8 BTC (about $794,000) to Finn, founder of the Solana launchpad Bags.[5]

Timeline[edit]

  • 2018-11: photo of Achi in the hat is taken[2]
  • 2023-11: token launch[1]
  • 2024-03: Binance listing; all-time high on 2024-03-06[3]
  • 2024-03-10: "Sphere wif hat" fundraiser passes $240,000 of a $650,000 goal[3]
  • 2024-03-18: photo NFT sells for about $4.3 million[1][2]
  • 2024-03-31: all-time high of $4.83, market cap about $4.58 billion[1]
  • 2024-11-13: Coinbase listing[4]
  • 2025-03-31: Sphere campaign abandoned; refunds announced[6]
  • 2025-08-07: original beanie sells for 6.8 BTC[5]

Controversies[edit]

Las Vegas Sphere campaign

In March 2024 holders crowdfunded about $700,000 in USDC to show the dog on the Las Vegas Sphere for a week.[3][6] The multisig was set up by five people including Ansem.[1] A Sphere spokesperson later said the venue never had a deal with dogwifhat and only accepts crypto advertising from exchanges or about Bitcoin.[6] Organizer GamesMasterFlex said a fashion partner backed out; on 2025-03-31 the organizers abandoned the plan and said the roughly $697,800 still in the multisig would be refunded.[6]

See also[edit]

References[edit]

  1. ^ What is Dogwifhat (WIF)? The Solana Dog Meme Coin With a Hat, Decrypt, 2025
  2. ^ Dogwifhat Ethereum NFT Sells for $4.3 Million, Decrypt, 2024-03
  3. ^ Sphere wif hat? Dogwifhat holders set sights on Vegas ad, raise $240,000, The Block, 2024-03-10
  4. ^ Dogwifhat soars after Coinbase announces plans to list the memecoin, The Block, 2024-11-13
  5. ^ Dogwifhat original pink beanie sells to memecoin launchpad founder for $800K, The Block, 2025-08-08
  6. ^ Dogwifhat Abandons Las Vegas Sphere Plans, Team to Refund Nearly $700K, Decrypt, 2025-04-01