Bids for the DogWifHat Pink Cap Reach $800K in Bitcoin

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Bids for the DogWifHat Pink Cap Reach $800K in Bitcoin

One of the internet’s most recognizable meme artifacts is going under the hammer — the original pink hat worn by Achi, the Shiba Inu that inspired the viral “Dogwifhat” phenomenon and the multi-billion-dollar $WIF memecoin.

The knitted cap, originally crafted as a Christmas decoration, found meme immortality after Achi’s owners placed it on his head in November 2018 and snapped a photo.

That image quickly escaped into the wild, fueling an avalanche of meme edits, ironic captions, and eventually, a crypto token that made global headlines.

To confirm authenticity, the hat’s provenance has been recorded on the Bitcoin blockchain via Ordinals, complete with a photo of Achi and his owners posing with the item. The winning bidder will also receive high-resolution photos, a handwritten verification note, and a video detailing the hat’s backstory.

The digital side of the meme has already proven its value — last year, the Dogwifhat NFT fetched 1,210 ETH (around $4.3 million at the time). Now, the physical hat is leaving Achi’s home for the first and only public sale.

According to the owners, there will be no encore auction. Once it’s gone, it’s gone — making this a rare chance for a collector to own a tangible piece of internet and crypto culture.


The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

Source: https://coindoo.com/bids-for-the-dogwifhat-pink-cap-reach-800k-in-bitcoin/