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Solana Sauce Not Enough: Dogwifhat WIF Implodes in Spectacular Display of Crypto Bro Folly

An illustration of a cartoon dog wearing a top hat standing on a cliff overlooking a sea of flames with a price chart in the background showing a sharp decline, while another dog is seen falling into the distance below; above them, three peaks are visible forming an inverted head-and-shoulders pattern

The never-ending saga of Dogwifhat’s spectacular implosion! Who needs a functioning economy or actual value when you can just create a bunch of numbers on a computer, slap some Solana sauce on it, and watch the crypto bros fawn all over it? I mean, seriously, what is this thing even for? Is it a store of value? A medium of exchange? An investment vehicle? No, no, and hell no! It’s just a meme coin created by bored teenagers with too much time on their hands.

Source: cointelegraph

Dogwifhat, the fourth-largest memecoin by market capitalization, is on the brink of erasing the recovery it achieved after the Aug. 5 crypto market crash. WIF has dropped approximately 30% from its Aug. 9 local top of around $1.95, bringing its price down to $1.36 as of Aug. 17. Dogwifhat’s (WIF) price decline accompanies similar downside moves across other top memecoins, namely Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE). For […]

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