The Dogwifhat community has taken action: They're raising money!

Bitcoin appeared on the Las Vegas Sphere, a giant globe-like display, in an ad from cryptocurrency exchange CryptoCom.

As seen in a video the exchange shared late Monday, a giant Bitcoin logo covers the towering entity on the Las Vegas Strip, before a bunch of gold gracing the screen turns into digital Bitcoin. Bitcoin is the largest crypto asset by market cap. But a portion of crypto investors have raised funds to beat Bitcoin: In March, the #Dogwifhat (WIF) memecoin community raised more than $700,000 to publish the logo on Sphere.

Crypto influencer Ansem, one of the organizers of the fundraiser, reposted the video adding a simple text smile. Ansem, who appeals to large audiences on social media platforms, excited the dogwifhat community with this move.

Subsequently, the lack of updates regarding the Sphere Wif Hat campaign and Ansem's responses led to criticism from the community. Ansem, who attracted attention with his first posts about #WIF and brought an increase in parity, is now facing reactions. The Dogwifhat Telegram channel set up an automatic response for anyone who asked, given the frequency of the questions, and it remained in use for over a month.

dogwifhat price has decreased by 7 percent in the last 24 hours, dropping to its current price of $2.56. #Bitcoin was much less hit, with a decline of around 2 percent in the same time period.