Here are some lesser-known facts about **dogwifhat (WIF)** that are not widely circulated:
1. **Limited Pre-Sale**: The WIF pre-sale was extremely exclusive, with only 29 people participating, receiving 18% of the total token supply. Each participant paid 0.6 SOL per wallet, resulting in significant airdrops for early investors. This information has not been widely discussed outside the close circles of crypto enthusiasts.
2. **Real Dog Behind the Meme**: The Shiba Inu that inspired WIF is a real dog named **Achi**. In March 2024, Achi's owners, in collaboration with FeistyDAO, sold the original image as an NFT for over 1210 ETH (over $4.3 million at that time). This is one of the most expensive NFTs associated with meme coins.
3. **Failed Campaign for Las Vegas Sphere**: The WIF community raised over $700,000 in USDC to advertise the iconic Las Vegas Sphere, but there is currently no confirmation on whether the campaign was accepted. This shows the ambition of the community, but remains under the radar for many.
4. **Connection to Gaming Culture**: The meme dogwifhat initially gained popularity among players of **Fortnite** and **Rocket League** in 2019, before becoming a crypto project. This connection to the gaming community is less known and contributed to its early popularity.
5. **Rug Pull Incident**: Although WIF is now community-driven, the project had an early **rug pull** incident (a scam where developers abandon the project after raising funds), which was overcome thanks to strong community support. This part of the story is often overlooked in popular narratives about WIF.
These facts highlight the unique character and journey of WIF, showing how the community and meme culture are at the core of its success, despite the lack of practical utility.
Circulating Supply: Approximately 998,926,392 WIF tokens are in circulation. Max Supply: The maximum supply is also 998,926,392 WIF, meaning no additional tokens will be issued.
The value of WIF is driven by hype supported by social media, endorsements from celebrities, and internet trends. It lacks built-in mechanisms like staking or token burning, making it highly volatile and risky for investments.