Iconic Dogwifhat memecoin photo sold as NFT for $4.3 million

The alleged owner of Achi, the dog behind the Solana-based memecoin dog hat Wireless

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sold the iconic photo of the dog wearing a hat as an NFT for $4.3 million.

The three-day auction launched on Friday on the NFT Foundation marketplace, with crypto trader Gigantic Rebirth Ventures (@GCR) ultimately making the winning bid of 1,210.8 ETHdepending on the platform.

Last week, a post on the purported owner’s Instagram account indicated that the NFT auction was being conducted in partnership with Fiesty DAO. The dog, previously named Chi-Chi, is now named Achi and resides in Korea. The alleged owner said he made the pink hat worn in the dog’s famous photo, taken in 2018.

“On November 17, 2018, Achi’s owners filmed him wearing an endearing hat. It went viral, eventually becoming a meme and mascot for the Foundation’s partnership manager. job on

Achi’s image became a notable memecoin towards the end of last year, subsequently reaching a market capitalization of $3.2 billion, now ranking 43rd among all cryptocurrencies, while Dogwifhat is went viral.

Dogwifhat is currently trading at $3.18, according to The Block’s price page. Dogwifhat has gained more than 20% in the past 24 hours and nearly 700% in the past month as Solana’s metrics surge amid memecoin mania.

The sale comes just days after crypto holders raised over $650,000 to put dogwifhat’s image on the Las Vegas sphere.

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