The year 2024 has been a whirlwind for cryptocurrency enthusiasts, with Bitcoin reaching new heights and meme coins once again stealing the spotlight. One meme coin that has been making waves is Dogwifhat, which recently hit new highs and is poised for even more attention in the near future.
Dogwifhat, like many other Dog-themed meme coins, is based on a meme featuring a Shiba Inu dog wearing a beanie. Built on the Solana blockchain, Dogwifhat has quickly become a top trending cryptocurrency, with a market capitalization exceeding $2 billion.
Recently, the Dogwifhat community launched a fundraising campaign to raise funds to display the Dogwifhat image on the Las Vegas Sphere, a prominent digital advertising platform owned by Sphere Entertainment Co. The campaign exceeded its goal, raising over $650,000 in just three days, with the total amount raised nearing $691,000.
The news of the successful fundraising campaign and the continued optimism surrounding the meme coin propelled Dogwifhat to a new all-time high of $2.68. The community’s efforts to showcase the meme on the Las Vegas Sphere have garnered attention from crypto enthusiasts and investors alike, with many anticipating the impact of the meme being displayed on such a prominent platform.
The Las Vegas Sphere, known for its massive outdoor screen, has attracted top companies willing to pay hefty sums for advertising space. The venue has also hosted major events such as Formula 1 races and Super Bowl LVIII, further increasing its visibility.
With listings on platforms like Binance and Robinhood Europe, Dogwifhat has seen increased price action and market capitalization. The meme coin’s rise to fame has been fueled by its unique concept and the community’s dedication to promoting it on a global scale.
As Dogwifhat continues to capture the attention of the crypto world, its price and market capitalization are expected to rise further. With the meme coin gaining popularity and recognition, the future looks bright for Dogwifhat and its dedicated community of supporters.
