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SEP 18, 2024
Dogwifhat Is Now Available on Gemini
Traders can now buy and sell dogwifhat on the Gemini exchange.
If you don’t have a Gemini account, you can create one here.
Learn more about all the tokens we support here.
What is Dogwifhat?
Dogwifhat (WIF) is a Solana-based token launched in November 2023. It quickly garnered attention within the crypto community due to its playful, dog-themed logo, which aligns with a popular trend initiated by tokens like Dogecoin and Shiba Inu Coin.
Since launching, dogwifhat supporters have cemented the memecoin’s place within the crypto community. In March, supporters organized a crowdfunding campaign that raised $700,000 in an effort to get the dogwifhat icon to appear on the Las Vegas Sphere.
Dogwifhat's appeal lies in its combination of community-driven hype and its integration within the broader Solana ecosystem, which offers fast transaction speeds and low fees, making it an attractive option for investors and traders interested in memecoins.
Gemini’s decision to support the custody and listing of WIF is in line with the company’s plan to provide safe storage of bitcoin and other virtual currencies. Ultimately, retail traders will benefit from having access to more regulated options to safely store and trade WIF.
Onward and Upward!
Team Gemini
*Dogwifhat is a new meme token. It has no defined utility; its value may be derived only from the continued willingness of market participants to demand and trade the token, which may result in the potential for permanent and total loss of value should participants choose to no longer demand or trade dogwifhat. The token may also be subject to extreme price volatility, in particular if large, concentrated holdings of dogwifhat are liquidated in a short period of time. By trading dogwifhat, you acknowledge that you have read this risk disclosure and understand the risks associated with trading dogwifhat.
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