The popular Solana-based meme coin, dogwifhat (WIF), after gaining massive popularity in the cryptocurrency landscape due to its performance, is now attracting attention in the realm of the NFT landscape. According to a recent post on X (formerly Twitter) by the partnership manager at NFT Marketplace Foundation, the owner of Achi (dubbed dogWifhat) took a cute picture of him wearing a light pink hat, which was sold as an NFT for 1,210.759 ETH, worth around $4.3 million.
Who buys dogwifhat NFT?
In November 2018, Achi’s owner took a picture of his dog, which later went viral and became a popular meme. According to a recent post by the partnership manager, following a three-day long auction at the Foundation NFT marketplace, a crypto trader named Gigantic Rebirth Ventures (GCR) won the bid for this popular dogwifhat NFT for 1,210.759 ETH.
However, a South Korean Instagram user made a post and stated that to celebrate the popularity of his pet Achi (dogwifhat), they planned an NFT auction of the original photo of Achi wearing a hat on the Ethereum blockchain in collaboration with Feisty DAO. Feisty DAO, the auction partner, has confirmed that the users who claimed Achi’s parentage are verified as true parents.
Who is the real owner of Achi (dogwifhat)?
The owner of Achi (dogwifhat) has consistently posted several pictures of his dog Achi on Instagram for the last 5 years and also shared the popular dogwifhat photo in December 2018, almost a year before it went viral.
At the current time, the Achi (dogwifhat) meme coin has become so popular that its market reached a massive $3.18 billion and has also become the favorite of a trader and former CEO of BitMEX, Arthur Hayes. Hayes continuously backs this meme coin. Earlier in a post, Hayes cited that WIF will be the next big thing in the cryptocurrency landscape.
Currently, dogwifhat (WIF) is trading near $3.11, and in the last 24 hours, it experienced a price surge of over 27%. If we look at the performance of WIF over a longer period, in the last 7 days, despite major price corrections, WIF’s price surged over 45%. Whereas, in the last 30 trading days, WIF tokens experienced a massive gain of over 650%. Besides continuous price surges, investors and traders are continuously making a bet on WIF.
