Solana memecoin dogwifihat to grace Las Vegas skyline after $650,000 raise

Layer 1s • March 13, 2024, 12:17PM EDT

Published 1 minute earlier on

Quick Take

The memecoin’s Shiba Inu mascot will be displayed on Las Vegas’s Sphere for a week, according to a plan by the fundraiser’s organziers.
The fundraiser on Wednesday officially surpassed its $650,00 target.

Solana memecoin dogwifihat's Shiba Inu mascot will grace Sin City's skyline following a successful $650,000 community raise.

According to the fundraiser's webpage, the call for contributions has exceeded its fundraising target, hitting $672,288.156 in USD Coin (USDC) as of the time of writing. The famous beanie-sporting canine will appear in full LED on Las Vegas's Sphere for a week.

RELATED INDICES

Dogwifhat WIF +25.00% has rallied this week, reaching an all-time high price. The coin is trading at $2.39, up roughly 18% in the past 24 hours, The Block's price page shows.

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About Author

Elizabeth Napolitano is a data reporter covering business and technology news, with a focus on cryptocurrencies. Prior to joining The Block, Elizabeth reported on BigTech, AI, crypto and videogames for CBS Moneywatch. As a CoinDesk reporter, she covered DeFi, NFTs and U.S. courts. She holds an MA in Journalism from CUNY. Follow her on X: @LizKNapolitano