With a market cap of around US$4 billion, Dogwifhat (WIF) is now the third biggest meme coin after DOGE and SHIB – a feat it achieved with four months of launching. Here we explore what, and why, Dogwifhat is…
Although only officially launched in late November last year, the idea of Dogwifhat was sparked in November 2019 by a seemingly innocuous action when a Twitter user named Issa showcased a Shiba Inu dog wearing a hat as their Twitter profile picture.
This rapidly evolved into a viral meme, resonating across online communities and capturing the attention of e-sports organizations, celebrities, and a broad audience, cementing its place in internet culture (despite the original Twitter account’s suspension).
The meme’s widespread appeal inspired the development of a Solana-based cryptocurrency, Dogwifhat (WIF) which was launched on November 20, 2023. WIF has a circulating supply of 998,926,392 tokens and a current market…
