WIF price soars 80% as Dogwifhat community funding completes toward gigantic Vegas Sphere plan

Dogwifhat price is an outlier among meme coins, soaring 80% despite sector cool-off.
WIF community wants to make its mark on the iconic Las Vegas skyline, raising funds toward the cause.
WIF price has skyrocketed as the Solana meme coin brings a meme twist to the gigantic Vegas dome.

Dogwifhat (WIF) price is an outlier, recording double-digit gains despite its peers — Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and Floki Inu (FLOKI) — still being underwater. On the Solana blockchain, WIF’s immediate meme peer, Bonk Inu (BONK), is up 12% as meme coins struggle to wake up.

Also Read: DOGE, SHIB, PEPE, WIF soar as meme coins prove to be a global shelling point for speculative liquidity

Dogwifhat community completes community funding

In a bold attempt to take WIF to the world, the Dogwifhat community ha set out to make its print on a Las Vegas landmark. Specifically, they want to rent the Las Vega Sphere, a digital marvel famous for its out-of-the-world entertainment experiences. On the inside, it has a capacity of more than 18,600 people, while its exterior holds a gigantic display panel completely wrapping around its dome.

Committed to bringing a meme twist to this recreation site, the Dogwifhat community looked to secure ad space for the meme coin on the exterior dome. Notably, local reports indicate that it costs as much as $450,000 to rent the sphere per day.

With an initial target of $650,000, and with donations only accepted in USD Coin (USDC), recent reports indicate that the fundraising has completed. The Shiba Inu mascot will be displayed on the Las Vegas Sphere.

bink! dogwifhat on sphere fully funded ✅ https://t.co/jOmTj5hZnk pic.twitter.com/WTUEgOqVlG
— Ansem ️ (@blknoiz06) March 13, 2024

Amidst the euphoria surrounding the public fundraising, which has now completed, the crypto community was at some point split over the true intentions of the Dogwifhat community.

While one group dismissed it as mere excitement that causes frothy behavior, others saw it as a marketing strategy to popularize WIF. The actual intention notwithstanding, Dogwifhat will inscribe its print onto the fabric of mainstream attention and WIF holders are in for profit.

At the time of writing, Dogwifhat price is trading for $3.2310, with a 110% rise in trading volume over the last 24 hours.

WIF/USDT 1-day chart

Share: Cryptos feed

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.