According to The Block, a fundraising campaign to put the meme coin Dogwifhat on the iconic US building “Sphere” has successfully reached its funding goal. As a result, a picture of a hat-wearing Shiba Inu mascot may soon be displayed on the Las Vegas skyline for a week.
The campaign, called “sphere wif hat,” aimed to raise $650,000 to promote the meme coin Dogwifhat (WIF) from the Layer 1 blockchain Solana on the Sphere for a week. According to the fundraising webpage, the funds raised have exceeded the target, with approximately $700,000 worth of the stablecoin USDC collected.
The price of the Dogwifhat token (WIF) experienced a rebound this week, rising from $2.16 to $3.12 in the past two days, marking a surge of over 40% and reaching a new all-time high. Its growth in the past three weeks has reached an astonishing 900%.
