dogwifhat

dogwifhat(WIF) Price

USD USD
$1.12 +10.21%

Price of dogwifhat(WIF) Today

The live price of dogwifhat (WIF) is $1.12.The current market capitalization stands at $1.12B, with a 24-hour trading volume of $634.66M.dogwifhat has experienced +10.21% in the last 24 hours and has a circulating supply of approximately 998.84M.These figures are updated in real-time to provide the most accurate market data.

How do you feel about WIF today?

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dogwifhat(WIF) Profile

Price Range (24h)
24h Low: $0.98942 24h High: $1.09
One-year High
$2.82
Price Change (1h)
+0.86%
Price Change (24h)
+10.21%
Price Change (7d)
+22.85%
Market Cap
$1.12B
24h Vol
$634.66M
Circulating Supply
998.84M
Total Supply
998.84M

About

What Is Dogwifhat

Dogwifhat (WIF) is a meme-based cryptocurrency built on the Solana blockchain that features the image of a Shiba Inu dog wearing a pink knitted hat. Launched in late 2023, WIF rose to viral prominence as part of a wave of meme coins that exploded during Solana's resurgence. While the token has no inherent utility, it captured the attention of traders and internet communities alike for its humor, simplicity, and strong meme potential.

Described by its creators and supporters as “literally just a dog with a hat,” WIF doesn’t pretend to solve technical problems. Instead, it thrives on social momentum, meme culture, and the speculative excitement that characterizes much of the crypto meme economy. WIF can be bought on specialized exchanges and WIF can also be traded for using other cryptocurrencies.

Who Created Dogwifhat?

Dogwifhat does not have a known founding team. Like many decentralized meme tokens, it was launched anonymously by community developers. The original image of a Shiba Inu with a pink beanie has existed on the internet since at least 2019, gaining cult status as a meme before evolving into a token. The lack of a centralized creator reinforces WIF’s appeal as a community-driven and organic phenomenon in the world of Web3.

How WIF Works

WIF is a standard SPL token on the Solana network. It does not offer smart contract utility, governance, staking, or protocol revenue. Its purpose is purely for memes, and it functions as a digital collectible, a symbol of internet culture, and a high-volatility trading asset. It’s frequently used for speculative trading and tipping within the Solana ecosystem. There is no roadmap or formal development plan, and the token’s value is almost entirely driven by community sentiment and trading demand.

What WIF is Used For

WIF doesn’t have a traditional use case. It is not a utility token, governance token, or platform currency. Its primary “use” is as a meme coin - a digital asset that exists to be funny, viral, and tradeable.

WIF Tokenomics

WIF has a fixed total supply of 998,840,588 tokens, and nearly the entire supply is already in circulation. There are no pre-mine, staking rewards, or emissions scheduled. Because of its simplicity, WIF has earned comparisons to early Dogecoin. There is no central treasury or developer fund, which aligns with its decentralization-first narrative.

dogwifhat(WIF) Price Movements ($)

PeriodAmount ChangeChange (%)
Today+$0.103649+10.21%
7 Days+$0.20807+22.85%
30 Days+$0.224989+25.18%

dogwifhat(WIF) Conversion Rate

FAQ

Does WIF have any real utility?

No, WIF is a meme coin with no inherent utility or use case beyond trading and community engagement. It’s not used for payments, governance, staking, or any protocol-specific function. Its appeal lies entirely in its meme status and speculative potential.

Where can I buy and store WIF?

Why did WIF become so popular?

WIF became popular due to a mix of viral meme appeal, Solana’s rising ecosystem activity, and speculative momentum. Its slogan “the hat stays on” became a rallying cry among holders.

Is WIF a safe investment?

WIF, like all meme coins, is highly speculative and volatile. It has no underlying fundamentals or promised utility. Its price is driven by community hype, trading volume, and meme culture, so it should be approached with caution. Never invest more than you’re willing to lose.

Disclaimer

Cryptocurrency prices are highly susceptible to market risk and volatility. You should invest only in products you are familiar with and fully understand the associated risks. The information provided on this page is for informational purposes only and does not constitute investment advice. It is not a recommendation to buy or sell any specific digital asset or adopt any particular investment strategy. Phemex makes no claims regarding the accuracy, suitability, or validity of any information provided or any particular asset. For further information, please refer to our Terms of Use and Risk Disclosure.

Please be aware that data related to the aforementioned cryptocurrency (such as its current live price) is derived from third-party sources. It is presented to you "as is" for informational purposes only, without any representation or warranty of any kind. Links to third-party sites are not under Phemex’s control. The content expressed on this page is not intended to and should not be construed as an endorsement by Phemex of the reliability or accuracy of such content. For further information, please refer to our Terms of Use and Risk Disclosure.