According to The Block, with the successful fundraising campaign of Dogwifhat, a meme coin, to have it displayed on the “Sphere,” a large spherical building in the United States, a picture of a hat-wearing Shiba Inu mascot may soon be showcased on the skyline of Las Vegas for a week.
The goal of this campaign, called “sphere wif hat,” is to raise $650,000 to advertise the meme coin Dogwifhat (WIF) from the Layer 1 blockchain ecosystem Solana on the Sphere for a week. According to the fundraising campaign’s webpage, the funds raised have already surpassed the target, with approximately $700,000 worth of stablecoin USDC raised.
The price of the Dogwifhat token (WIF) has experienced a rebound this week, rising from $2.16 to $3.12 in the past two days, with a surge of over 40%. This marks a historical high and a staggering increase of 900% in the past three weeks.
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