đȘđȘđMemes, Pumps, Blunders: Absurd Crypto Spectacles Make a Comeback
Memecoins like âdogwifhatâ steal the spotlight from Bitcoin
âItâs just people fighting for liquidity and attentionâ
few hundred people gathered to hear luminaries of the cryptocurrency industry and executives from the likes of BlackRock and Fidelity discuss Bitcoinâs march into the investing mainstream this year.
However, it was another token that kept coming up in the conversations: a newer cryptocurrency best known for its logo featuring an image of a dog wearing a knit hat. The billionaire Michael Novogratz, chief executive officer of Galaxy Digital, jokingly lamented that he doesnât have a position in the coin called dogwifhat.