Solana memecoin dogwifhat (WIF) has successfully raised more than $650,000 and is now on track to make a grand showing into the Las Vegas skyline.
Community Stirs Bold dogwifhat (WIF) Publicity
Markedly, the dogwifhat’s “Shiba Inu-themed” mascot will be displayed on the Las Vegas Skyline for up to one week. This follows a successful community fundraiser to feature the memecoin mascot on Sphere, the Las Vegas LED-outfitted spherical event venue. Initially, a proposal titled “sphere wif hat,” was put forward to raise $650,000 for advertising dogwifhat.
As of three days ago, only $240,000 has been generated from the memecoin community members with many of the donations coming in at the range of $1-$100. Only two wallets donated up to $9,999, and at that time, this happened to be the highest amount donated in a single transaction.
Currently, the donations have surpassed the initial target by a significant difference and this will take dogwifhat to Las Vegas in grand style. Amongst all of Shiba Inu’s digital assets, dogwifhat happens to be one of the least popular until now and the Sphere showoff might tilt this balance considerably.
dogwifhat Ecosystem Expanding
The advert on Sphere will go a long way in bringing the memecoin to the limelight per current projections. Amidst these milestones, the memecoin is raking in profit with its sustained price rallying in recent weeks. Noteworthy, the memecoin featured alongside Shiba Inu, PEPE, and Dogecoin in the highest-performing category in two weeks.
In February, dogwifhat moved by 151% from the swing low of $0.081 to reach a trading price of $0.158. Since then, dogwifhat has seen more price gains as it is up by 1516% in the Year-to-Date (YTD) period to $2.76. Additionally, dogwifhat has gained a level of traction as several cryptocurrency exchanges hinted at their desire to list the memecoin.
One of these listings came from the Robinhood crypto platform with top digital asset service provider Binance also announcing a dogwifhat listing. Its trading pairs including WIF/BTC, WIF/USDT, WIF/FDUSD, and WIF/TRY went live on the crypto exchange per Coingape’s earlier report.
These listings have equally contributed to the expansion and growing publicity of the memecoin. The feature on Las Vegas’ Sphere is very likely to bring next-level publicity for the memecoin overall.
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