dogwifhat (WIF): The Solana Meme Coin Born from a Hat-Wearing Dog
A meme and a community, with no product behind it
dogwifhat (WIF) is a Solana-based meme coin that grew out of a photo meme of a Shiba Inu, the breed behind Dogecoin, in a pink knitted hat; it appeared in November 2023. It has no product or business plan and runs on the meme and its community alone.
1. A coin that began with one dog
WIF takes its name literally, ‘dog wif hat’, with ‘wif’ a deliberate internet misspelling of ‘with’. It was created by an anonymous developer and is presented as a community-driven project rather than a company business. Total supply is about 1 billion tokens.
On the Crypto Nation map, WIF stands in Solana City, because it was first issued on Solana. Other meme coins that led the same Solana wave, such as BONK, stand there too.
2. A meme token on a fast, cheap chain
WIF is an ordinary token on Solana’s token standard (SPL), with no blockchain of its own and no complex features. Solana’s very low fees and fast confirmations make trading small amounts easy. Meme coins multiplied there from late 2023, after BONK’s free airdrop to the community in December 2022 lit the fuse.
In January 2024 platforms like pump.fun let anyone create a meme coin in minutes, sharpening the competition for attention. Such coins often trade straight away in a decentralized exchange’s liquidity pool (a pot of funds for swaps), and prices move on buyers, sellers and attention rather than earnings or usage.
3. Where it is used, and key dates
No official service or revenue-sharing scheme for WIF is known; it is mainly traded on exchanges and serves as a community symbol. A well-known example is March 2024, when holders raised money past its target to show the meme on the Sphere, the giant spherical venue in Las Vegas.
In order: it appeared on Solana in November 2023, surged with the meme wave from late 2023 into early 2024, and ran the Sphere fundraiser in March 2024. In February 2025 staff of the US Securities and Exchange Commission (SEC) stated that sales of ordinary meme coins are not securities transactions, a staff view rather than a Commission rule.
4. Things to know
With no business or earnings behind the price, WIF can fall sharply once attention fades. After the 2024 surge it suffered a large decline, and its price swings on news such as exchange listings or celebrity mentions. In thin trading hours a few trades can move it hard.
The SEC staff statement does not excuse fraud or false promotion, and rug pulls (developers draining funds) are common in meme-coin markets. Copycat tokens with similar names are also numerous, which can make the real token hard to identify.
Written from information public up to October 2026. It does not recommend or rate any coin and is not investment advice. If something is wrong, please tell us through the contact page.