Dogwifhat

Dogwifhat (WIF) is a dog-inspired memecoin based on the Solana blockchain which is similar to the ERC-20 fungible token standard on Ethereum.

The project’s mission statement asserts that: “WIF isn’t just a cryptocurrency; it’s a symbol of progress, for futuristic transactions, a beacon for those who think ahead. It’s clear that the future belongs to those who embrace innovations like WIF, transcending boundaries & paving a new era in finance and technology.”

WIF does not currently have any utility. It’s a memecoin traded purely for its speculative value.

The developers of dogwifhat have chosen to remain anonymous, so the origins of the project aren’t known. However, they were evidently inspired by the Shiba Inu memecoin movement and is based on a real-life puppy named Achi.

WIF launched on the Solana blockchain in November 2023.

There are no mechanisms in place to affect token supply, such as staking or burning.

The community initiatives organized around dogwifhat have so far been crowdfunded independently, so there is no requirement to own WIF to participate. Anyone who wants to join the dogwifhat community can simply follow the project on social media.