Dogwifhat (WIF)
Summary
Dogwifhat (WIF) is a Solana-based memecoin launched anonymously in November 2023, featuring a Shiba Inu dog wearing a pink knitted hat. It reached a peak market capitalization of approximately $4.8 billion in March 2024 before declining more than 90% from its all-time high by mid-2026. The project carries inherent memecoin risks — no utility, anonymous creators, speculative-only value — alongside a notable failed community fundraiser for a Las Vegas Sphere advertisement that raised nearly $700,000 but never executed, ultimately refunding donors in 2025.
Connected Entities
1 entities · 10 linked investigations- + 6 more
Timeline(16 events)
2019-01-01
Original 'dogwifhat' meme photograph of Shiba Inu Achi wearing a pink beanie circulates online, later attributed to Fortnite streamer Issa.
Decrypt2023-11-20
WIF token deployed on Solana by anonymous developer(s) with a fixed supply of approximately 998.9 million tokens. No whitepaper, roadmap, or team identity disclosed.
CoinPaper / CoinSpeaker2024-01-01
Pseudonymous influencers including Ansem (Zion Thomas) publicly promote WIF; community fundraiser concept for Las Vegas Sphere advertisement begins taking shape.
DL News2024-03-05
Binance lists WIF for spot trading as WIF market capitalization crosses $500 million.
TradingView / U.Today2024-03-10
'Sphere Wif Hat' crowdfunding campaign surpasses its $650,000 target, collecting approximately $702,000 USDC in a transparent multisig Solana wallet.
CoinTelegraph2024-03-13
Dogwifhat named 4th-largest memecoin by market cap as community fundraiser completion drives momentum.
CoinDesk2024-03-31
WIF reaches all-time high of approximately $4.83–$4.85, implying a market capitalization of approximately $4.8 billion.
CoinMarketCap2024-10-05
On-chain investigator ZachXBT publicly accuses Sphere campaign organizer Ansem of facilitating memecoin pump-and-dump schemes unrelated to WIF specifically.
Yahoo Finance / CoinTelegraph2024-11-14
Official WIF X account is hijacked; attackers promote fraudulent meme tokens POPWNUT, MUU, and WIFD. Web3 security firm Harpie issues public warning. Team regains control and deletes posts.
CoinSpeaker / Crypto.news2025-02-01
MSG Sphere / Las Vegas Sphere publicly states it never had an advertising agreement with Dogwifhat and expresses concern about alleged fraudulent use of its name.
BeInCrypto2025-02-27
SEC Division of Corporation Finance releases staff statement concluding that typical meme coins do not constitute securities under federal law.
SEC.gov2025-03-31
Sphere campaign organizer GamesMaster.wif announces the Las Vegas Sphere campaign is cancelled after unreliable communication with advertising intermediary.
Decrypt2026-03-07
Binance places WIF under a monitoring tag, indicating elevated compliance and liquidity risk assessment.
TradingView / U.Today2026-04-21
Binance delists the WIF/BTC spot trading pair, reducing direct trading routes and increasing liquidity fragmentation.
Community reports / exchange announcementsDecision Log
- hash: AXnkVnrgBeXSwSqtqNBMLG77R1wXcWZkzK1BjRgieYkr
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/1/2026, 3:12:46 AM
last updated: 6/1/2026, 3:12:51 AM
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