dogwifhatWIF Price#92

$0.78

0.15%

Descriptiondogwifhat WIF is a prominent example of a meme coin, a type of cryptocurrency primarily driven by internet culture, community sentiment, and speculative interest rather than traditional utility or fundamental technology beyond its blockchain foundation. Emerging from an internet meme featuring a dog wearing a knitted hat, dogwifhat quickly gained significant traction within the cryptocurrency community, particularly on the Solana blockchain. Its appeal stems from its humorous and relatable imagery, fostering a strong sense of community and shared identity among its holders. As a digital asset native to the Solana ecosystem, dogwifhat benefits from Solana’s inherent advantages, including its high transaction throughput and remarkably low transaction fees. These technical characteristics make it highly efficient for rapid trading and transfers, which are common activities within the volatile meme coin market. Unlike many traditional cryptocurrencies that aim to solve specific real-world problems or power complex decentralized applications, dogwifhat’s value proposition is largely tied to its virality, social media presence, and the collective enthusiasm of its community. The phenomenon of meme coins like dogwifhat reflects a unique facet of the cryptocurrency landscape, where cultural trends and online movements can translate into significant market capitalization. These assets often become digital representations of shared jokes or internet folklore, providing an accessible entry point for new participants into the crypto space due to their lower price points and emphasis on community engagement. While they typically lack a whitepaper outlining intricate technological advancements or a detailed roadmap for future development, their existence highlights the power of decentralized networks to facilitate the creation and exchange of assets purely based on cultural resonance. Investors and participants in the dogwifhat community are drawn to its potential for rapid price movements, driven by social media trends and broader market sentiment. The WIF token functions as a peer-to-peer digital currency, allowing for transfers and market participation on decentralized exchanges within the Solana network. Its journey underscores the dynamic and unpredictable nature of the cryptocurrency market, where community-driven narratives and cultural phenomena can lead to the emergence of popular and widely traded digital assets.

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Tokenomics

Total Supply	998,926,392 WIF
Max Supply	998,926,392 WIF
Circulating Supply	998,926,392 WIF
Premine	No records found
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Blockchain Info

Mainnet / Testnet	No records found
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Mining Info

Consensus Mechanism	No records found
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GitHub Info

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