A physical pink cap connected to the Mme Dogwifhat coin has just sold for 6.8 BTC, which reaches around $ 792,696. The winning bidder was Finn, the founder behind the launch of meme meme meme, who says that in the end he will deliver the hat Back to the community. If this means an performance of the museum, an acrobatia or something else is not yet clear, but now it is officially in its hands.
The offers have become so intense at auction It was paused
At some point, someone tried to make an offer THE full supply of bitcoin. The platform, Nires City, did not make it. They frozen auctionthen re -release it with tight rules. Once everything has returned to the track, Finn arrived with the highest legitimate offer and took the prize. It is a rare example of drama of meme coins that turns into a real war of offers for a physical object.
$ Wif (@Dogwifcoin) original hat sold in an auction like @finnbags Wins the offer pic.twitter.com/rkspo2s1g8
– The Solana Post (@Thesolanapost) August 7, 2025
The hat has already gained millions like NFT
Long before this auctionpink hat It became viral thanks to a photo of Achi, the Shiba Inu, letharrant It. That image became the $ wif face and subsequently sold as NFT for over 1,200 ETH, at the time $ 4.3 million. So technically, this cap generated millions in both digital and physical form.
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This It was financed by Meme Coins Hype
Finn’s offer was not accidental. It was supported With proceeds from the token “Buy the hat”, a meme coin that basically It existed to win this auction. Now that he owns the hathis added At the logo of the Bags project. He let there be more coming, but he didn’t say Exactly What. The whole thing is a marketing move of equal parts and cultural decline.
The token price exploded immediately after the victory
When the sale has passed, the hat purchase token has started climbing. It increased by over 290 percent, bringing its market capitalization from $ 1.6 million to over $ 6.3 million within a few hours. The hype has cooled a little later, but still has about $ 4.7 million, not bad for a meme currency with a goal.
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Wif himself is still suspended
Dogwifhat (WIF) had a wild lap at the beginning of this year. He hit a market capitalization of $ 4.5 billion in March before falling. Right now, it is closer to $ 950 million. It is no longer in the spotlight, but this sale has brought some cool Attention And he reminded people because he caught fire first.
The cap It was done in South Korea
Achi owners knitted the pink hat themselves. The viral photo was taken When the puppy was only a couple of months. What has started as a fun image has now turned into one of the most recognizable images in the world of meme coins and in truth hat It has become a symbol with attached real value.
What all this Means
This It was not just an expensive gag. It is part of a wider scheme in which cryptographic projects rely on cultural objects, remixals in token and build communities around them. The dogwifhat hat It is no longer just a meme. It is part of the evolving playbook for the way the culture of the Internet transforms artifacts into resources.
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Keyway keyway
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The original dogwifhat beanie pink has just sold for almost $ 800,000 at auction, purchased by Finn, founder of The Bags Meme Coin Launchpad.
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The auction grew so chaotic that the organizers made a break after someone tried to offer the entire supply of Bitcoin, before Finn had made the winning offer 6.8 BTC.
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The same image of the hat has already been sold as NFT for over 1,200 eth-più of $ 4 million-that has made it one of the most incapable artifacts ever.
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A meme token called Buy the Hat financed the offer, pumped over 290% immediately after the auction victory and reached a market capitalization of $ 6.3 million before cooling.
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In addition to the prowess, the sale reflects how the coins of the memes now transform cultural items into resources, building narratives and clamor of the community around the symbols of the real world.
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