#HotTrends #news #WIF $WIF #chart Original Dogwifhat meme featuring Achi in a
pink beanie got sold for 1,210 ETH (4M) to
trader GCR, igniting a short rally in WIF
price.
The original Dogwifhat meme, depicting Achi
the dog wearng a pink beanie hat, has been
sold for 1,210 Ether(ETH), equivalent
to approximately $4 million. A trader named
GiganticRebirth (GCR) got the acquisition,
which led to a short term rally in the values of
Dogwifhat (w WIF ), a meme coin built on the
Solana blockchain.
Dogwifhat Auction Sparks Widespread Interest
The sale occurred on Foundation, a website
dedicated to crypto art and auctions, where the
original piece was listed for an opening price of
0.15 ETH. The auction was marked by a heated
bidding war, mostly between GCR, bidding
anonymously as "PleasrDAO" and Memeland,
another major player in the crypto world.
The Dogwifhat meme, deriving its charm from
the image of Achi, captured global attention
upon its debut, quickly evolving into a symbol
celebrated across the internet. The subsequent
auction and participation of GCR greatly
increased WIF's appeal.
The participation of GCR in the acquisition has
an integral effect on the market performance of
WIF. Known for their insightful market analysis
and successful predictions, GCR has amassed
a substantial following within the crypto
community.
Following the acquisition by GCR, the w WIF
coin witnessed a 17% surge in its price within
just an hour followed by a sharp decline of
10.9%. Apparently, analysts have attributed
this surge to GCR's purchase and a recent post
by Elon Musk on X, featuring images of dogs
in hats, which further fueled the enthusiasm
around Dogwifhat.
WIF's market capitalization and 24-hour
trading volume surged by 15.87% and
49.99% respectively to $2,805,344,838 and
$1,102,407,126, respectively.
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