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A photo of a dog from the Dogwifhat meme coin logo is ready to be purchased as an nft for $25,000.
The alleged owner of the dog, which has become the symbol of the Dogwifhat (WIF) meme currency, has put a famous photo of the dog up for auction as a non-fungible token (nft) item.
The dog's name was previously Chi-Chi, but was later changed to Achi. The famous photograph, which became the logo of the Dogwifhat meme coin, was supposedly taken two months after his birth on November 17, 2018.
“Achi's parents caught him on camera wearing a cute hat. The photo of Achi wearing a small hat instantly took the Internet by storm and now he has captured the hearts of people around the world as a meme called “wif”.
The auction has been on the Foundation's site for several days, but did not attract the attention of the crypto community until March 15, when the size of the bids reached astonishing values. Users are therefore willing to spend several ethereum (eth) on an image of a dog in a pink hat.
At the time of writing, the largest supply is 6,942 eth, which is over $25,600 at the current exchange rate.
In early March, the Dogwifhat project community raised more than $703,000 to place the dog symbol of the WIF meme coin on the screen of the MSG Sphere entertainment complex in Las Vegas.
According to the Wif sphere platformThe fundraiser raised more than $300,000 in the first 24 hours and has now surpassed $700,000.
The hype around WIF has been going on for several months amid rapid price growth and rising market capitalization. Launched late last year, WIF is now the fourth largest meme coin by market cap. The enthusiasm around Dogwifhat is periodically fueled by stories of traders who made several hundred thousand dollars on the token by investing negligible funds.
