The purported proprietor of the canine behind the dogwifhat memecoin is promoting {a photograph} of her as an NFT.
The public sale is happening for 3 days, and the NFT at present has a bid of 6.9 ETH, value $25,000, in line with the public sale web page on Basis. In line with a submit on the purported proprietor’s Instagram account, it’s in partnership with Fiesty DAO.
In line with a earlier submit, the canine was once referred to as Chi-Chi, however it’s now named Achi and it lives in Korea. The purported proprietor mentioned that they made the pink hat donned within the well-known picture of the canine.
The individual operating the Instagram account the place the NFT announcement was made claims to be the canine’s proprietor however has not offered proof past different photographs of a similar-looking canine. They’ve mentioned on Instagram that they’ll present proof by way of direct message. The Block reached out by way of DM however has not heard again from the account’s proprietor.
The image of the canine grew to become a memecoin towards the tip of final 12 months. Dogwifhat WIF
-2.74%
picked up steam in late February and has shot as much as a $2.8 billion market cap, now rating forty ninth throughout all cryptocurrencies.
This comes simply days after crypto holders raised over $650,000 to place the dogwifhat image on the Las Vegas sphere.
Disclaimer: The Block is an impartial media outlet that delivers information, analysis, and information. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies within the crypto house. Crypto change Bitget is an anchor LP for Foresight Ventures. The Block continues to function independently to ship goal, impactful, and well timed details about the crypto business. Listed below are our present monetary disclosures.
© 2023 The Block. All Rights Reserved. This text is offered for informational functions solely. It isn’t supplied or supposed for use as authorized, tax, funding, monetary, or different recommendation.
About Writer
Tim is the Editor-In-Chief of The Block. Previous to becoming a member of The Block, Tim was a information editor at Decrypt. He has earned a bachelor’s diploma in philosophy from the College of York and studied information journalism at Press Affiliation Coaching. Observe him on X @Timccopeland.