Dogwifhat Becomes 4th-Largest Meme Coin as Community Completes Fundraising for Las Vegas Sphere Showing

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Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.

blockchain's red-hot meme coin dogwifhat is heading to Las Vegas after community members raised enough funds to display the token's mascot – a Shiba Inu wearing a pink beanie – on the Sphere, the city's orb-shaped entertainment venue."Dogwifhat on sphere fully funded," Ansem, a leading figure of the campaign and one of the five controllers of the multisig wallet that received the donations, said in an X post.out that such vanity actions are typical around market tops.

Meme coins comprise a small, but growing part of the overall digital asset market, and are one of the most risky assets among the already volatile cryptocurrencies.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

 

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