dogwifhat Price
There is no polite way to dress this up, and no need to: dogwifhat is a meme coin whose entire premise is a photograph of a Shiba Inu wearing a knitted pink hat. It has no product, no revenue and no roadmap of features to ship. It is a token on Solana that a …
Market data via Binance · signals computed live from daily closes · not financial advice.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Annualised volatility of 104% — large day-to-day swings.
- Price is below the 50-day average, which sits below the 200-day — a classic downtrend alignment.
- Trading 87% below its 52-week high — well off recent peaks.
Supply structure
dogwifhat has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
dogwifhat derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
Convert dogwifhat to US Dollar
Two-way WIF ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About dogwifhat
There is no polite way to dress this up, and no need to: dogwifhat is a meme coin whose entire premise is a photograph of a Shiba Inu wearing a knitted pink hat. It has no product, no revenue and no roadmap of features to ship. It is a token on <a href="/coins/solana/">Solana</a> that a community adopted as a shared joke and a shared trade, and its supporters would broadly agree with that description.
Mechanically it is one of the simplest assets you will meet. WIF is a standard token on Solana with no protocol behind it, no treasury generating income and no staking that secures anything. Its supply is fixed rather than issued on a schedule, and it trades on Solana's decentralised exchanges and on centralised venues that have listed it. The price is whatever buyers and sellers agree on in the order book at that moment, and nothing else feeds into it.
So what is it used for? Honestly, for trading, for belonging, and for the cultural games that come with both — memes, avatars, community-funded stunts and the ordinary pleasure of being early to something absurd. Meme coins also serve as the high-risk end of a portfolio for traders who size them accordingly, and as a liquid proxy for how much appetite for risk is floating around the market at any given time.
The honest part is the risk. With no cash flows and no utility, the value rests entirely on attention, and attention moves fast and leaves faster, which makes moves in both directions violent. Ownership in meme tokens tends to be concentrated, so a few holders selling can overwhelm the book. Copycat tokens using the same name and image are everywhere, so read <a href="/toolkit/how-to-spot-crypto-scams/">how to spot crypto scams</a> and verify the contract address. If you hold any, our notes on <a href="/learn/portfolio-and-risk-management/">portfolio and risk management</a> are the relevant reading.
dogwifhat vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| dogwifhat WIF | $0.1567 | +10.12% | $156.54M |
| Dogecoin DOGE | $0.0722 | +4.40% | $10.61B |
| Shiba Inu SHIB | $0.0000049 | +17.51% | $2.89B |
| Pepe PEPE | $0.00000275 | +1.10% | $1.16B |
| Bonk BONK | $0.00000309 | +5.82% | $219.39M |
| FLOKI FLOKI | $0.00002212 | +6.50% | $212.35M |
dogwifhat FAQ
What gives WIF any value at all?
Attention and community, not earnings. There is no business behind it, no fees flowing to holders and no service it provides, so its price reflects how many people want to own it at a given moment and how much liquidity sits in the market. That is a legitimate thing for an asset to be, as long as you are clear that it is what you are buying. It also makes the price extraordinarily sensitive to mood.
Which blockchain is it on, and what do I need to use it?
It is a token on Solana, so you need a Solana wallet and a small amount of SOL to cover network fees. Trading happens on decentralised exchanges that route through Solana's liquidity pools, and on centralised exchanges that have listed the token. Fees on Solana are small, but you cannot transact with an empty balance, so keep a little SOL aside.
How do I make sure I am buying the real token?
Check the contract address against a source you trust, such as a major data aggregator or the token's own established community channels, and paste that address into the exchange rather than searching by ticker. Anyone can create a token with the same name and picture, and imitations often appear alongside the real one in search results. When a link is sent to you unprompted, assume it is a trap.
Can more WIF be created later?
The supply is fixed rather than minted on an ongoing schedule, which is typical for tokens of this kind. That does not make it scarce in any economically meaningful way, because there is no limit on how many other meme coins can be created to compete for the same attention. Fixed supply constrains dilution within one token; it does not constrain the category.
What are the specific risks of holding a meme coin?
Extreme volatility is the obvious one, but the quieter risks matter too: concentrated ownership, so a handful of wallets can move the market; liquidity that thins out exactly when you want to sell; exchange listings that can be withdrawn; and the total absence of any floor from cash flows or assets. Many meme coins fall a long way and never recover. Size positions on the assumption they could go to nothing.
Is a meme coin the same as a scam?
No, though the two overlap in the same neighbourhood. A meme coin can be entirely open about what it is: a joke asset with no utility, traded by people who know that. A scam involves deception, such as a hidden ability to mint tokens, blocked selling, or a team quietly draining liquidity. Judge each token on whether the contract and the ownership are transparent, not on whether the theme is silly.
Last updated Jul 25, 2026