Dogwifhat (WIF) is a Solana-based, dog-themed meme coin experiencing rapid growth, with a 40,000% price increase, reaching a $1.8 billion market cap, and ranking as the fourth-largest dog-themed meme coin.
What is a WIF Coin?
Dogwifhat (WIF) is a dog-themed meme coin like DOGE and SHIB that is based on the Solana blockchain. WIF gained immense popularity, fueled by endorsements from crypto influencers like Ansem and Hsaka. It experienced a meteoric rise of 40,000% in value within months, reaching a $1.8 billion market cap and currently is the fourth-largest dog token, trailing only Dogecoin, Shiba Inu, and Bonk.
WIF sets itself apart from other meme coins with a firm commitment to decentralization, eliminating any single point of control by setting the creator's balance to zero. This fosters deep trust and engagement within the community. Leveraging Solana's speedy and efficient blockchain further boosts its attractiveness. WIF exemplifies a project driven by community involvement, where the future is shaped by collective input.
Bitrue listed Dogwifhat (WIF) on 21 December 2023. You can buy Dogwifhat ($WIF) on Bitrue.
Who Created WIF Coin?
There is no exact information on the internet on who is the creator of Dogwifhat as the creator of WIF is keeping its identity anonymous, just like other meme coins creators.
However, Arkham Intelligence suggests that a twitter user and trader named @onchainclown might be the creator of the 4th largest dog-themed meme coin as the twitter user turned 102 SOL (approximately $6,000 at that time) into $2 million during the height of WIF fever.
Dogwifhat (WIF) Tokenomics
Source: CoinGecko
Currently, WIF is trading at around $1.79. WIF's price is down 11% in the last 24 hours but is up 785% in the last 30 days. Here is WIF's important statistics:
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Market Capitalization: $1.8 billion.
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Fully diluted Valuation: $1.8 billion.
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Circulating, Total, and Max Supply: 998,926,392.
Dogwifhat (WIF) tokenomics is defined by its unique approach: a fully distributed, fixed supply of 998,906,465.79 tokens, with no plans for burning, staking rewards, or underlying utility. WIF's value and appeal are rooted in community sentiment and speculative interest rather than functional use cases.
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