Dogwifhat, a Solana-based meme coin, has experienced significant growth, becoming the third-largest meme coin as it surged alongside notable market movements. This rise coincides with GameStop's stock rally and Bitcoin's push past $107,000, highlighting the interconnectedness of meme coins and broader market trends. Despite its success, Dogwifhat faced setbacks, notably abandoning plans to feature its logo on the Las Vegas Sphere, resulting in nearly $700,000 in refunds to supporters. Analysts remain optimistic about Dogwifhat's potential, with projections of reaching $1.50 if it maintains its current momentum. The cryptocurrency's recent performance underscores the volatile yet promising nature of meme coins in the digital asset landscape.
Unraveling Dogwifhat (WIF): The Rise of a Meme Coin
October 10, 2025
1 min read
Dogwifhat, a Solana-based meme coin, has experienced significant growth, becoming the third-largest meme coin as it surged alongside notable market movements. This rise coincides with GameStop's stock rally and Bitcoin's push past $107,000, highlighting the interconnectedness of meme coins and broader market trends. Despite its success, Dogwifhat faced setbacks, notably abandoning plans to feature its logo on the Las Vegas Sphere, resulting in nearly $700,000 in refunds to supporters.