The money raised will be used to display a photo of a Shiba Inu puppy wearing a pink beanie on the world's largest spherical structure.
Here's a mock-up of a fundraiser similar to what the Dogwifhat meme placed on the Las Vegas sphere.
(https://wif-sphere.vercel.app/)
Posted on March 13, 2024 at 1:52 PM ET.
Cryptocurrency denizens raised approximately $690,000 to place Dogwifat memes at the Las Vegas Sphere, a music and entertainment venue widely known for its interior and exterior LED displays.
People began sending USDC to multisig wallets controlled by five individuals on March 9th in order to put the Shiba Inu puppy wearing a pink lace-up beanie on display at the Las Vegas Globe. The fundraising goal was $650,000, but as of press time a few days later, he had raised $688,469.
Mihir (@__mihir), one of the main signatories of the multisig wallet, told Unchained in a private message on I wrote.
Big benefits for WIF
The raise comes as WIF, the ticker for the Solana-based meme coin based on Dogwifhat, has risen nearly 25% in the past seven days, trading at $2.56 at the time of publication, according to CoinGecko data. Occurred.
WIF has been one of the most popular tokens traded on Solana-based decentralized exchanges over the past week. According to the Dune dashboard created by data scientist Andrew Hong, the trading pair SOL-WIF is the 5th largest trading pair on Solana by total trading volume over the past 7 days.
Since the beginning of 2024, meme coin market capitalization has increased from approximately $169 million to over $2.5 billion.
multisig member
Anthem (@blknoiz06), a crypto trader with more than 232,000 followers on X, was added to the fundraising multisig in part because he is a “public figure known to the community,” Mihir wrote. ing. “Four other members of his community, including myself, were early members of the community. They were focused on marketing efforts when the market cap of this token was in the millions,” said Mihir. he added.
In addition to Ansem and Mihir, the other three controlling members of the multisig wallet are Edward (@GamesMasterFlex), Tayeb (@tayebkenzari), and Quasi (@motocap_).
The other four multisig administrators did not immediately respond to requests for comment.
Updated (March 13, 2024, 3 a.m. ET): Changed the article's teaser text to be more concise by mentioning that the Las Vegas Sphere is the world's largest spherical structure.
