Dogwifhat (WIF) is a meme coin based on the Solana blockchain that has created a huge roar in the crypto space amid a growing demand for meme coins. The meme coin is inspired by popular Shiba Inu dog breed cryptos such as DOGE and SHIB. Dogwifhat’s native token WIF is used to facilitate all transactions on the network, governance, and reward network participants.

The founder of the Dogwifhat (WIF) token is an anonymous developer/developers.

• WIF token: WIF powers the Dogwifhat platform, with utilities such as transactions, governance, and community engagement.

• Strong community support: Keeping up with the trend of several other meme coins, Dogwifhat (WIF) is backed by a strong and engaging community, driving its popularity and adoption both on social media and in the crypto space. 

• Meme-inspired: Dogwifhat (WIF) belongs to the meme-inspired cryptos, particularly the Shiba Inu dog breed-inspired meme coins. Its mascot is a Shiba Inu puppy wearing a pink beanie hat. 

• Decentralized network: The Dogwifhat platform is a fully decentralized platform allowing users to participate in governance and decision-making.

WIF is a relatively new meme coin that entered the crypto market in late 2023. The token has caused quite a roar in the crypto market since its launch and has managed to maintain a decent momentum. As of September 2024, the token ranks at the top #16 in the overall crypto market’s trading volume, showcasing increasing investor interaction with the meme coin. In just a few months, WIF is the top 4 meme coin with a market cap of $2,263,295,552. If WIF manages to keep up this momentum, the token is poised for a further uptrend. As per technical analysis, the WIF price is estimated to be around $15.62 by 2030.

Download the CoinSwitch app to invest in WIF.

• WIF can be exchanged, bought, and sold from crypto exchanges. 

• WIF is used to facilitate all on-chain transactions.

• The token is also used for network governance, and to reward participants.

• WIF, being a meme coin, has a strong community backing, driving its engagement and adoption.

• The token belongs to the popular Shiba Inu dog breed-inspired meme coins. 

• WIF token holders can participate in governance and other community engagements on the platform.

• WIF is subject to extreme price fluctuations, driven by market sentiment. 

• WIF has to compete with already established market giants like meme coins such as DOGE and SHIB.

• Being a new meme coin, WIF has minimal real-world use cases.

• To trade in WIF on CoinSwitch, download the app.

• You can start with as low as ₹100.

• With CoinSwitch, users can trade in over 300+ cryptos with just a nominal trading fee.

Unlike other meme coins, Dogwifhat (WIF) did not hold an Initial Coin Offering (ICO). In truly meme coin fashion, the token debuted directly on crypto exchanges via a direct listing approach. The Dogwifhat community and the larger crypto market community determined the price of the token on its listing.