{"id":41269,"date":"2025-08-09T00:01:46","date_gmt":"2025-08-09T00:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41269"},"modified":"2025-08-09T00:01:46","modified_gmt":"2025-08-09T00:01:46","slug":"dogwifhat-knitted-hat-sells-for-nearly-800000-at-auction","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41269","title":{"rendered":"Dogwifhat Knitted Hat Sells for Nearly $800,000 at Auction"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">A physical pink beanie linked to the Dogwifhat meme coin has just sold for 6.8 BTC, which comes out to about $792,696. The winning bidder was Finn, the founder behind the Bags meme coin launchpad, who says he\u2019ll eventually hand the <\/span><span data-preserver-spaces=\"true\">hat<\/span><span data-preserver-spaces=\"true\"> back to the community. Whether that means a museum display, a stunt, or something else is still unclear, but it\u2019s now officially in his hands.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Bidding Got So Intense the Auction <\/span><span data-preserver-spaces=\"true\">Was Paused<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">At one point, someone tried to bid on <\/span><span data-preserver-spaces=\"true\">the<\/span><span data-preserver-spaces=\"true\"> entire supply of Bitcoin. The platform, Ord City, wasn\u2019t having it. They froze the <\/span><span data-preserver-spaces=\"true\">auction<\/span><span data-preserver-spaces=\"true\">, then reopened it with rules tightened. Once everything was back on track, Finn came in with the highest legitimate offer and took the prize. It\u2019s a rare example of meme coin drama turning into a real bidding war for a physical item.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$WIF<\/a> (<a href=\"https:\/\/twitter.com\/dogwifcoin?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@dogwifcoin<\/a>) original hat sold in an auction as <a href=\"https:\/\/twitter.com\/finnbags?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@finnbags<\/a> wins the bid <a href=\"https:\/\/t.co\/RkSpo2S1G8\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/RkSpo2S1G8<\/a><\/p>\n<p>\u2014 The Solana Post (@thesolanapost) <a href=\"https:\/\/twitter.com\/thesolanapost\/status\/1953597380420604359?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span data-preserver-spaces=\"true\">The Hat Has Already Made Millions as an NFT<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Long before this <\/span><span data-preserver-spaces=\"true\">auction<\/span><span data-preserver-spaces=\"true\">, the pink <\/span><span data-preserver-spaces=\"true\">hat<\/span><span data-preserver-spaces=\"true\"> went viral thanks to a photo of Achi, the Shiba Inu, <\/span><span data-preserver-spaces=\"true\">wearing<\/span><span data-preserver-spaces=\"true\"> it. That image became the face of $WIF and later sold as an NFT for over 1,200 ETH\u2014around $4.3 million at the time. So technically, this beanie has now generated millions in both digital and physical form.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in August2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> Was Funded by Meme Coin Hype<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Finn\u2019s bid wasn\u2019t random. It <\/span><span data-preserver-spaces=\"true\">was backed<\/span><span data-preserver-spaces=\"true\"> by proceeds from the \u201cBuy the Hat\u201d token, a meme coin that <\/span><span data-preserver-spaces=\"true\">basically<\/span><span data-preserver-spaces=\"true\"> existed to win this <\/span><span data-preserver-spaces=\"true\">auction<\/span><span data-preserver-spaces=\"true\">. Now that he owns the <\/span><span data-preserver-spaces=\"true\">hat<\/span><span data-preserver-spaces=\"true\">, it\u2019s <\/span><span data-preserver-spaces=\"true\">been added<\/span><span data-preserver-spaces=\"true\"> to the Bags project\u2019s logo. He\u2019s hinted there\u2019s more coming, but didn\u2019t say <\/span><span data-preserver-spaces=\"true\">exactly<\/span><span data-preserver-spaces=\"true\"> what. The whole thing is equal parts marketing move and cultural flex.<\/span><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-wif\" data-coin-symbol=\"wif\" data-price-usd=\"WIF Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/6\/2024\/11\/25173248\/1732523568-dogwifhat-logo.png\" alt=\"wif logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Dogwifhat<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">WIF<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$976.32M<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68968d312f4ca\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<h2><span data-preserver-spaces=\"true\">Token Price Exploded Right After the Win<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The moment the sale went through, the Buy the Hat token started climbing. It shot up more than 290 percent, taking its market cap from $1.6 million to over $6.3 million in a matter of hours. The hype cooled a bit afterward, but it still held around $4.7 million, not bad for a meme coin with one objective.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">WIF Itself Is Still Hanging On<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Dogwifhat (WIF) had a wild ride earlier this year. It hit a $4.5 billion market cap in March before falling off. Right now, it\u2019s closer to $950 million. It\u2019s no longer in the spotlight, but this sale brought it some fresh <\/span><span data-preserver-spaces=\"true\">attention<\/span><span data-preserver-spaces=\"true\">\u00a0and reminded people why it caught fire in the first place.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Beanie <\/span><span data-preserver-spaces=\"true\">Was Made<\/span><span data-preserver-spaces=\"true\"> in South Korea<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Achi\u2019s owners knitted the pink <\/span><span data-preserver-spaces=\"true\">hat<\/span><span data-preserver-spaces=\"true\"> themselves. The viral photo <\/span><span data-preserver-spaces=\"true\">was taken<\/span><span data-preserver-spaces=\"true\"> when the pup was just a couple of months old. What started as a funny picture has now turned into one of the most recognizable images in the meme coin world, and the actual <\/span><span data-preserver-spaces=\"true\">hat<\/span><span data-preserver-spaces=\"true\"> has become a symbol with real value attached.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What This All <\/span><span data-preserver-spaces=\"true\">Means<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> wasn\u2019t just a high-priced gag. It\u2019s part of a bigger pattern where crypto projects lean into cultural objects, remix them into tokens, and build communities around them. The Dogwifhat <\/span><span data-preserver-spaces=\"true\">hat<\/span><span data-preserver-spaces=\"true\"> is no longer just a meme. It\u2019s part of the evolving playbook for how internet culture turns artifacts into assets.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The original Dogwifhat pink beanie just sold for nearly $800,000 at auction, purchased by Finn, founder of the Bags meme coin launchpad.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The auction grew so chaotic that organizers paused it after someone tried to bid Bitcoin\u2019s entire supply, before Finn placed the winning 6.8 BTC offer.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The same hat image already sold as an NFT for over 1,200 ETH\u2014more than $4 million\u2014making it one of the highest-grossing meme artifacts ever.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        A meme token called Buy the Hat funded the bid, pumped over 290% right after the auction win, and hit a $6.3M market cap before cooling.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Beyond the stunt, the sale reflects how meme coins now turn cultural items into assets, building narratives and community hype around real-world symbols.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/dogwifhat-auction-ends-with-792k-sale-for-iconic-pink-beanie\/\">Dogwifhat Knitted Hat Sells for Nearly $800,000 at Auction<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A physical pink beanie linked to the Dogwifhat meme coin has just sold for 6.8 BTC, which comes out to about $792,696. The winning bidder was Finn, the founder behind the Bags meme coin launchpad, who says he\u2019ll eventually hand the hat back to the community. Whether that means a museum display, a stunt, or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41269","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41269"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41269\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}