Buy dogwifhat (WIF)
What is Dogwifhat?
Dogwifhat (WIF) is a meme coin based on the Solana blockchain, featuring a playful theme centred around a Shiba Inu wearing a knitted hat. It functions as a speculative asset in the cryptocurrency space, driven by community engagement and interest rather than offering a particular utility or technological innovation. The coin embodies decentralised governance where holders can vote on its future, creating a community-focused atmosphere.
How does Dogwifhat work?
Dogwifhat operates as an SPL token on the Solana blockchain, utilising the Proof of History (PoH) consensus mechanism for fast and secure transactions. The fixed supply of 998,926,392 WIF ensures that the token's value is based largely on market speculation and community interest. Although it does not utilise traditional smart contracts, the SPL token standard allows for integration into Solana-based decentralised applications (DApps).
What are the potential use cases for Dogwifhat?
As a meme coin, Dogwifhat's primary use cases lie in speculative trading and community engagements. The coin can be integrated into decentralised applications on the Solana network, expanding its usability. Partnerships, such as with Miss Rose, a renowned Telegram bot, showcase its potential presence in social media and communication platforms, promoting interactive community engagement. It is also popular in the crypto trading sector due to its listings on major exchanges.
What is the history of Dogwifhat?
Launched on November 20, 2023, Dogwifhat was created by anonymous developers, drawing inspiration from meme culture and successful predecessors like Dogecoin and Shiba Inu. Initially listed on Raydium DEX, it gained prominence following listings on exchanges like Binance, contributing to its significant market capitalisation. The coin has experienced notable price movements, such as reaching an all-time high of $4.80 on March 31, 2024, and subsequent integrations into platforms like Robinhood, enhancing its visibility and market presence.
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Frequently Asked Questions (FAQs)
What is the current price of dogwifhat (WIF)?
The dogwifhat price is $2.9751 AUD, representing a -15.1% from the day prior.
Where is the best place to buy dogwifhat (WIF) in Australia?
The best place to buy dogwifhat (WIF) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell dogwifhat (WIF) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of dogwifhat (WIF)?
The trading volume of dogwifhat (WIF) is $986.2M AUD in the last 24hrs, representing a -15.1% from the day prior.
How can I buy dogwifhat (WIF)?
dogwifhat (WIF) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of dogwifhat (WIF)?
The current market cap of dogwifhat (WIF) is $2.9B AUD.
Can I convert dogwifhat (WIF) to cash?
Yes - With Coinstash you can convert your dogwifhat (WIF) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many dogwifhat (WIF) are there?
The current circulating supply of dogwifhat (WIF) is 998.9M.
Is Coinstash a safe place to buy dogwifhat (WIF) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling dogwifhat (WIF) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.