dogwifhat (WIF)
Dogwifhat (WIF) is a Solana-based cryptocurrency with a dog-themed design, introduced in November 2023. Its mascot features a Shiba Inu wearing a knitted hat.
Overview
The dogwifhat memecoin has gained attention within the cryptocurrency community due to its entertaining and humorous branding, which connects with popular dog memes. This broad appeal is enhanced by its community-driven approach, involving active social media engagement and community participation in platform development decisions through voting. The project's website highlights its innovative spirit, stating that WIF represents progress and innovation in finance and technology. Despite this, WIF humorously embraces its identity as "literally just a dog with a hat."
| Ticker | WIF |
| Category | Solana Ecosystem |
| Website | https://dogwifcoin.org |
| @dogwifcoin | |
| Telegram | dogwifcoin |
| Contract Addresses | |
|---|---|
| solana | EK...jm Copied! |
On January 11, 2024, a significant transaction occurred involving a trader who invested heavily in dogwifhat (WIF) across three transactions. This event highlighted the token's market activity. Shortly after, on January 18, 2024, WIF experienced a notable increase in interest and volume following Binance's announcement of the USDⓈ-M WIF Perpetual Contract with up to 50x leverage on Binance Futures. This development further spurred the token's market activity.
On January 24, 2024, Bitget, a cryptocurrency trading platform, announced the listing of Dogwifhat (WIF) in its Innovation and Meme Zone. Bitget emphasized its commitment to supporting diverse blockchain ecosystems and providing access to innovative projects.
Technology
WIF is built on the Solana blockchain, which employs a Delegated-Proof-of-Stake consensus mechanism. Its structure emphasizes decentralization by fully renouncing ownership and maintaining zero creator and Token Update Authority balances. This approach empowers the community and distinguishes WIF from other memecoins.