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Buy dogwifhat in the UK
dogwifhat
WIF
What is dogwifhat?
Buy dogwifhat (WIF): Why buy dogwifhat? This is all about the newest canine memecoin on the block. WIF is a playful and quirky meme coin. But what exactly is it? Let’s break it down for you:
dogwifhat is based on one of the many Shiba Inu dog memes. If you’re familiar with the original meme cryptocurrency, Dogecoin (DOGE), established back in 2013, you’ll recognise the Shiba Inu’s iconic face. These adorable doggos have become a symbol of internet culture and digital assets.
WIF operates on the Solana blockchain, which provides efficient transactions and competitive fees. It’s like a digital playground for meme coins, where creativity and community is likely to drive the action.
The heart of dogwifhat is a real-life Shiba Inu puppy named Achi. Achi gained fame as the star of a meme wearing a pink beanie hat.
Why do people buy dogwifhat?
Community Engagement
Unlike traditional cryptocurrencies with specific use cases, meme coins like WIF thrive on community engagement. The more people talk about it, the more the investment value may be impacted.
Internet hype
dogwifhat rides the waves of social media hype. Memes, tweets, and TikTok videos spread the word faster than a greyhound chasing a squirrel.
Meme appeal
Let’s face it — people love cute dogs. Add a pink hat, and you’ve got a recipe for success. WIF's charm draws in investors who want to be part of something fun and lighthearted.
How does dogwifhat work?
Tokenomics
WIF keeps it user-friendly. It’s an SPL token (similar to Ethereum’s ERC-20 tokens) on the Solana blockchain.
Conclusion: WIF
WIF may have started out as a meme, but it could get traction and become as well-known as Dogecoin, Shiba Inu and Pepe. Or it could fall away and die at the bottom of the crypto charts like so many others before it. While it has no utility, it is literally just a dog wif a hat, this may turn out to be as fun as the other memecoins with their colourful communities.
How to buy WIF on CoinJar
Download the CoinJar App. Create an account.
Sign up and verify your ID (takes just a couple of minutes). UK residents are required to complete an appropriateness assessment and wait 24-hours as a “cooling off” period (see below).
Upload funds into your CoinJar account. You can do this using a bank transfer or a card, among other methods.
Once your account is funded, navigate to the WIF section within the app.
Choose the amount you want to buy and confirm the transaction.
Cash, credit or crypto?
Buy dogwifhat using Visa or Mastercard. Get cash in your account with Faster Payments Service (FPS). Convert crypto-to-crypto with a single click.How to buy dogwifhat with CoinJar
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Frequently asked questions
What is dogwifhat (WIF)?
WIF is a Solana-based meme coin characterised by its Shiba Inu mascot adorned with a hat — a playful addition to the crypto space. It has gained immense popularity within the Solana ecosystem and beyond.
What is the current price of WIF?
The live price of dogwifhat (as at 23 May 2024) is approximately US $2.78 with a 24-hour trading volume of $735 million USD. Please check the price at the top of this page for updates.
How does dogwifhat’s community impact its growth?
WIF's rise is a testament to the power of community in crypto. Memecoins thrive on social media buzz and community engagement.
The rallying call of WIF holders — “the hat stays on” — has led to real-life events, including placing a knitted WIF hat on the bronze charging bull statue on Wall Street.
What milestones has WIF achieved?
WIF surged past the $3 price mark at the end of May 2024 and achieved a market capitalisation exceeding $3 billion.
Such milestones reflect the broader market’s appetite for memecoins that combine humour with potential returns.
What challenges does dogwifhat face?
Like all memecoins, dogwifhat’s future is unpredictable. Its value is tied to social media trends and community sentiment. Sustaining interest over time may require utility or partnerships beyond the meme itself.
How much is a dogwifhat coin worth?
The live WIF price can be checked at the top of this page.
Why did Dogwifhat go so high?
The significant increase in dogwifhat’s price has been attributed to growing investor interest and market speculation.
It has also seen a surge due to its listing on major crypto exchanges and the overall bullish trend in the meme coin sector.
How to buy dogwifhat in the UK?
To buy dogwifhat in the UK, you can download the CoinJar app and follow the instructions above.
How has the circulating supply of dogwifhat changed in the last 24 hours?
As at 23 May 2024, the circulating supply of dogwifhat has remained stable at 998,926,392 WIF in the last 24 hours.
There has been no significant change in the amount of WIF that is circulating in the market and tradeable by the public.
What impact does the circulating supply have on dogwifhat’s value?
The circulating supply of a cryptocurrency like WIF is a key factor in determining its market cap, which is calculated by multiplying the current price by the circulating supply.
A stable circulating supply with increasing demand can lead to a rise in the coin’s value, whereas a sudden increase in supply without matching demand may cause the price to drop.
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Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits. CoinJar’s digital currency exchange services are operated in the UK by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).
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