DogWifHat

Dogwifhat (WIF) is a memecoin on Solana. Its whole identity is one photo: a Shiba Inu puppy called Achi wearing a pink knitted hat. Anonymous creators launched the token in November 2023, and by March 2024 it was one of the largest memecoins in crypto.

WIF has no product, no whitepaper and no roadmap. The project's own line is that it is "literally just a dog wif a hat". The supply is fixed at just under 999 million tokens, and nobody can create more. People hold it because they like the meme or want to trade it. Nothing else backs the price.

How the WIF token works: supply, mint address and chain

WIF is a standard Solana token with a fixed supply and no extra features. There is no staking, no burning and no voting built in. The token's address on Solana, called its mint, is EKpQGSJtjMFqKZ9KQanSqYXRcF8fBopzLHYxdM65zcjm. Any token with a different address is a different coin, whatever its name or ticker says.

Two settings matter for a token like this. The mint authority is the key that can create new tokens. The freeze authority is the key that can lock tokens in your wallet. For WIF both are switched off, according to its RugCheck report, read on 10 October 2026. The same report shows the token's name and image are locked too.

So the supply stays at about 998.8 million WIF. Nobody can print more, and nobody can freeze your balance. WIF runs on Solana's standard token program, so it has no code of its own that could be changed later.

Where the dogwifhat meme came from: Achi and the pink hat

The dogwifhat picture is older than the coin. It shows Achi, a Shiba Inu whose owners knitted the hat by hand while living in South Korea. The photo was taken in 2018, two months after Achi was born, Decrypt reported.

The image spread in late December 2019, when esports players and teams began using it as a profile picture under the #dogwifhat tag, according to Know Your Meme. The token came almost four years later, on 20 November 2023. Its creators have never been named.

Achi's owners did not launch the coin, but they have sold two pieces of the story:

• On 18 March 2024 an NFT of the original photo sold on the Foundation marketplace for about 1,210 ETH, roughly $4.3 million at the time. The buyer was the trader known as GCR, CoinDesk reported.
• In August 2025 the hat itself sold at auction for 6.8 BTC, about $794,000. The winning bid came from Finn, the pseudonymous founder of the Solana launchpad Bags, per The Block.

WIF price history: all-time high, crash and exchange listings

WIF reached its all-time high of about $4.85 on 31 March 2024, a little over four months after launch, per Know Your Meme. By early October 2026 it had lost roughly 95% of that value, based on CoinMarketCap prices.

The rise came with a run of exchange listings. The day after Binance listed WIF, its market value briefly passed BONK's to make it the largest memecoin on Solana, Decrypt reported. A second run late in 2024 took WIF back near its high as Coinbase and Robinhood added it.

The long slide followed the second run. By August 2025 WIF's market value was 79% below its peak, by Decrypt's count, and the price kept falling the following year. New listings, such as Upbit's in South Korea, did not reverse it.

For the live price, market value and trading volume, use the data widgets on this page. Those numbers change by the minute.

The Las Vegas Sphere campaign and why it was refunded

The plan to put dogwifhat on the Las Vegas Sphere never happened, and the money went back to donors. In March 2024 supporters sent almost $700,000 in USDC to a wallet run by a few community organisers. The goal was to show the dog on the outside of the Sphere. The fundraiser hit its target in three days.

No advert ever ran. On 1 April 2025 an organiser known as GamesMasterFlex said the effort was over and refunds would begin, Decrypt reported. The venue's version was blunt. A Sphere spokesperson told Decrypt: "We have never had a deal with Dogwifhat, and our agency at the time only had one very preliminary conversation early last year."

The $697,800 was still in the organisers' shared wallet when the refunds were announced, so donors were not left out of pocket. The episode still shows how the project works. A small group of volunteers held the money and made the calls, and holders had no vote.

Who runs dogwifhat: creator, team and community

Nobody runs dogwifhat in the usual sense. There is no company, no foundation and no DAO, which is a group of holders who vote on decisions. The creators are anonymous. Volunteers from the community handle social media, moderation and admin work. The project's public face is its official X account and the website dogwifcoin.org.

Community contributors described the setup in a ChangeNOW interview published on 24 September 2026. "Nobody has ever been paid to act as a moderator, admin, or KOL for WIF," they said. They also called this "one of the hardest aspects of WIF". On adding features to the coin, they said: "Adding utility later doesn't really do much in most cases."

The X account bears this out. Its posts from August to October 2026 are memes, slogans such as "hat stays on" and reposts of fans. We found no roadmap or product announcement among them. The nearest thing to a use case was a 4 September 2026 post from gift card seller Coinsbee, shared by the account, saying shoppers can pay in WIF.

Is dogwifhat dead? Where WIF stands in 2026

Dogwifhat is still alive as a traded coin, at a fraction of its former size. WIF changes hands every day on large exchanges and on Solana, and it gained a new listing on Upbit in May 2026. The price sits far below its 2024 peak, and nothing new is being built on the token.

"Dead" is the wrong test for a coin with no product. Dogwifhat never promised development, so there is nothing to abandon. What can fade is attention, and attention is the only thing the price responds to. Solana memecoin trading as a whole has had busy spells in 2026. We covered one in August, when weekly memecoin spot volume on Solana hit a 2026 high.

How to buy dogwifhat (WIF) and which wallet holds it

You can get WIF in two ways: on a centralised exchange, or by swapping for it on Solana. Exchanges that have listed WIF include Binance, Coinbase, Robinhood and Upbit. On an exchange you buy with ordinary money and the exchange holds the coins for you.

To hold WIF yourself you need a Solana wallet such as Phantom CASH$0.999+0.0%, plus a little SOL to pay network fees. You can then swap SOL or a stablecoin for WIF through an aggregator such as Jupiter JUP$0.367-0.8%, which searches the pools on Raydium RAY$2.35+0.5%, Orca ORCA$2.48+5.0% and Meteora MET$0.428+3.6% for the best rate.

Check the mint address before you swap. Paste the address from this page into the swap box instead of typing "WIF". Our own token search on 10 October 2026 returned several unrelated tokens using the WIF name or ticker, including one with no liquidity at all.

Who dogwifhat suits, and who it does not

Dogwifhat suits people who want a simple, well-known memecoin and accept that its price is pure sentiment. The setup is clean: a fixed supply, no admin keys and listings on some of the biggest exchanges. That makes WIF easy to buy, sell and hold in your own wallet.

It does not suit anyone looking for income or a product. WIF pays no yield and has no staking. There is no business behind it and no revenue to share. If you want a token that gives you a vote, or one tied to an app you use, WIF offers neither.

Wide exchange access has not protected holders. WIF was listed on Binance, Coinbase and Robinhood before it lost about 95% of its value from the top.

Is dogwifhat safe? WIF risks and top holders

WIF is safe from the worst token tricks, but its price is not safe at all. Nobody can print more WIF or freeze your coins. The risk is the market. WIF fell about 95% from its March 2024 high to October 2026, and nothing underneath it sets a floor.

Other risks to weigh:

• Ownership is concentrated. The ten largest accounts held about 44% of the supply on 10 October 2026, and the largest held 13.7%, per RugCheck. The report does not say which of these belong to exchanges.
• No audit exists, and none is needed for the token itself. WIF has no custom code, only Solana's standard token program.
• Nobody is accountable. The creators are anonymous and the volunteers have no formal duties. The Sphere fundraiser showed how much depends on a few people keeping their word.
• Copycats are common. Fake tokens borrow the name and the hat, so the mint address is the only reliable check.

Holders have no claim on anything. If interest moves on to newer memes, there is no team whose job is to bring it back.

Dogwifhat vs BONK, Dogecoin and Shiba Inu

Dogwifhat is the plainest of the big dog coins. Dogecoin runs on its own blockchain, which began in 2013 as a copy of Litecoin's code. Shiba Inu is a token on Ethereum. WIF and BONK are both Solana tokens, which makes them faster and cheaper to move than coins on those older chains, as Trust Wallet's WIF guide notes.

Bonk Bonk$0.00000341+2.5% is the closest rival. It launched on 25 December 2022 by giving half of its 100 trillion tokens to Solana users, and part of its supply sits with a DAO, according to Trust Wallet's BONK guide. BONK is built into trading bots and other Solana apps. WIF has gone the other way and stayed a meme with nothing attached.

Which matters more is a matter of taste. BONK gives you an organisation to judge. With WIF, there is only the token and the crowd around it.