The original pink knitted hat of the Terrier dog Achi, called Dogwifhat (WIF), was auctioned and sold for a high price on the Ord City platform.
MAIN CONTENT
The pink knitted hat was previously sold as an NFT for 1210.8 ETH on the Foundation platform.
The successful auction price on Ord City was 6.8 BTC, approximately 794,000 USD.
The current market cap of Dogwifhat (WIF) is nearly 1 billion USD, down 70% from the NFT peak.
What is the pink knitted hat Dogwifhat (WIF) and what is its value?
This is the original pink knitted hat of the Terrier dog Achi, symbolizing the Dogwifhat (WIF) project, which was digitized into an NFT on the Foundation platform for 1210.8 ETH, equivalent to about 4.3 million USD.
The hat is not only a collectible item but also represents cultural value in the cryptocurrency community, especially in the meme coin sector on the Solana Blockchain.
Who bought the pink knitted hat and how did the auction price go?
Finn, the founder of the Solana Bags meme coin incubator platform, bought the hat on the Ord City auction platform for 6.8 BTC, equivalent to about 794,000 USD.
This person stated that they would use the transaction fees earned from the ‘BUY THE HAT’ Token of the platform to participate and plan to link the hat with the Token in the future to increase the project's community value.
What is the current market cap and value of Dogwifhat (WIF)?
Dogwifhat (WIF) currently has a market cap of nearly 1 billion USD, but the NFT and Token values have decreased by over 70% from the peak in the previous auction.
This decline indicates that the meme coin market is undergoing a correction phase after a strong growth period, requiring investors to carefully consider their decisions.
The story of the pink knitted hat is not only a personal milestone for the community but also a testament to the strong growth and deep fluctuations in the meme token market.
Analysis of the cryptocurrency market, 2024.
Frequently Asked Questions
What is the origin of the pink knitted hat Dogwifhat (WIF)?
This is the item of the Terrier dog Achi, digitized into an NFT and symbolizing the Dogwifhat (WIF) meme coin project on the Blockchain.
What was the recent auction price of the hat?
The hat was sold for 6.8 BTC, equivalent to about 794,000 USD on Ord City.
Who is the buyer of the hat and what is their intended use?
Finn, the founder of the Solana Bags meme coin incubator platform, bought it to connect with the ‘BUY THE HAT’ Token and develop the community.
What is the current value of Dogwifhat (WIF)?
The current market cap is nearly 1 billion USD, down 70% from the NFT's all-time high.
What was the highest value ever reached by the NFT of the hat?
The hat was previously sold as an NFT for 1210.8 ETH, equivalent to about 4.3 million USD.
Source: https://tintucbitcoin.com/token-dogwifhat-goc-gia-800-000-usd/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
