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Everything you need to know about the dog wif hat coin

An independent, unofficial guide to dogwifhat (WIF): what it is, how to buy it, where to keep it and how to dodge the scams that circle every memecoin.

🛡️Prefer a regulated platform? CEX.IO holds licences and registrations in several jurisdictions. Check their legal page.
Unofficial fan-made guide The original photo of a Shiba Inu in a pink knitted beanie that became the dogwifhat meme
🗓 Last reviewed: ✍️ dogwifhat.finance

Welcome to the hat. If you landed here wondering what a Shiba Inu in a pink knitted beanie has to do with money, you are in the right place. This site is an independent, unofficial guide to dogwifhat (WIF), the Solana memecoin that turned a single funny photo into a market worth hundreds of millions of dollars at its peak. We do not run the coin, we do not speak for its community, and we will not tell you to buy it. What we will do is explain how it works, how to get it, how to store it and how to avoid the traps.

The live widget above converts WIF into your currency using market data, so we deliberately do not print prices in the text. Prices go stale in minutes. Facts do not, and that is what the rest of this page is about.

What dogwifhat actually is

dogwifhat is a memecoin: a token whose whole point is a joke, a mascot and a crowd. The mascot is a Shiba Inu wearing a pink knitted hat, taken from a real photograph that circulated online before the token existed. The name is a pun on exactly what you see: a dog, wif (with) a hat.

Technically, WIF is an SPL token on the Solana blockchain. According to CoinGecko, its supply is fixed at 998,926,392 tokens, all of which are circulating. It launched anonymously in November 2023, reportedly with no presale and no venture capital allocation. The team behind it remains anonymous, so be wary of anyone who presents themselves as "the founder".

998.9MTotal = circulating supply
$4.83All-time high (31 Mar 2024)
$0.00155All-time low (12 Dec 2023)
SolanaBlockchain (SPL token)

If you want the full origin story, from the photo to the first listings, read our what is dogwifhat page. The numbers on supply and distribution have their own page at WIF tokenomics.

Portrait of the Shiba Inu in a knitted hat, the meme behind the dogwifhat WIF coin
The face that launched a token.

Why people care about WIF

There is no whitepaper promising to fix payments or disrupt banking. People care for a few very human reasons.

It is a shared joke with a ticker. Memecoins turn internet culture into something you can hold and trade. WIF has one of the most recognisable mascots in the category, and the pink hat works as a logo, a profile picture and a sticker all at once. We cover that side in WIF memes, PFPs and community.

It is liquid. WIF trades on large exchanges. Binance opened spot trading for WIF on 5 March 2024 with WIF/BTC, WIF/USDT, WIF/FDUSD and WIF/TRY pairs, and it carried a Seed Tag, Binance's label for newer, higher-risk projects. Other venues followed. Coinbase announced a roadmap listing plan in November 2024, though you should always check current trading status on the exchange itself.

It had a dramatic run. WIF hit an all-time high of $4.83 on 31 March 2024, having been priced at a fraction of a cent in December 2023. That kind of move is exactly why people are curious, and also exactly why the downside is real. What goes up 3,000x can also go down by a lot, and it has. Our price page charts the live market, and the news timeline lines up the big moments.

It has a story. In March 2024 the community raised roughly $690,000 to put a WIF ad on the Las Vegas Sphere. Decrypt reported that the venue said there was no deal, and CoinGecko notes the campaign was later abandoned with donors refunded. It is a perfect example of how memecoin communities mobilise, and how easily hype can outrun reality.

Straight talk. WIF has no revenue, no product and no guaranteed future. Its price is a reflection of attention. That is not an insult, it is simply what a memecoin is. If you buy it, buy it knowing that.

How to get started in 4 moves

You do not need to be a developer. You need an exchange account, a bit of patience and a healthy dose of caution. Here is the short version; the full walkthrough lives at how to buy WIF.

  1. Pick a place to buy. Choose a regulated exchange that serves your country and lists WIF. Compare fees, payment methods and verification requirements on where to buy WIF. Local players are covered further down this page.
  2. Verify and fund. Expect to confirm your identity (KYC). Then deposit by bank transfer or card. Bank transfers are usually cheaper, cards usually faster.
  3. Buy a small amount. Use the spot market or a convert tool. Check the fee shown before you confirm, not after. Start small while you learn the interface.
  4. Decide where it lives. Leaving WIF on an exchange is convenient; moving it to your own Solana wallet gives you control and responsibility. See the best wallets for WIF.

If you prefer a one-screen route, you can use an exchange's convert feature. CEX.IO, a long-running exchange founded in 2013, offers one, and we have an honest CEX.IO review if you want to weigh it up. It is one option among several, not a recommendation to the exclusion of others.

Curious what your local currency is worth in hats? Run the numbers in a minute.

Grab your WIF →

How to stay safe

Memecoins attract scammers like bones attract dogs. The good news is that most scams follow a handful of patterns.

Fake tokens. Anyone can create a token called "dogwifhat" on Solana. Only one mint address is the one CoinGecko lists: EKpQGSJtjMFqKZ9KQanSqYXRcF8fBopzLHYxdM65zcjm. Compare every address character by character, and use our contract address page as a checklist. Never trust an address that a stranger pastes in a chat.

Fake staking and airdrops. WIF has no native staking and no official airdrop claim site. If a page asks you to connect your wallet to "stake WIF" or "claim your airdrop", assume it is a wallet drainer. We explain the details in WIF staking and earning.

Impersonators. Fake "support" accounts reply to your public posts, then slide into your DMs. Real exchanges and wallets do not ask for your seed phrase, ever. Anyone who does is robbing you.

Pump groups and "guaranteed" signals. If someone promises profit, they are selling something. Our is dogwifhat safe page covers the project, the market and the practical checks in more depth.

Golden rules. Never share your seed phrase. Never sign a transaction you do not understand. Never invest money you cannot afford to lose. Keep a small "spending" wallet separate from your long-term storage.

How to read the live data

Good decisions need good numbers, and good numbers need context. Here is how to use the data tools on this site and elsewhere without fooling yourself.

Price and market cap. Our WIF price page shows the live feed. Market cap is price multiplied by circulating supply, and since all 998.9 million WIF are already circulating, there is no hidden unlock schedule inflating the "fully diluted" figure. That makes the maths unusually simple.

Volume. A big price move on tiny volume can be misleading. High volume on major exchanges tells you a market is deep enough for you to enter and exit without moving the price too much.

Converter. If you just want to know what 50 euros or 100 dollars buys, use the WIF converter. Remember the converter shows a market rate, not what you will actually receive after fees and spread.

Predictions. You will see plenty of price targets online. We keep ours in one place, WIF price prediction, and we treat them as scenarios, not forecasts. Nobody can reliably predict a memecoin.

Comparisons. Curious how WIF stacks up against other Solana memes? See WIF vs BONK vs POPCAT.

Where to keep your WIF

Exchanges are the on-ramp. Wallets are the safe. A self-custody wallet such as Phantom or Solflare gives you the keys, which means nobody can freeze your balance but also nobody can recover it if you lose your seed phrase. Our wallet guide compares options on ease of use, security features and Solana support.

A practical split many careful users follow: keep the amount you plan to trade on an exchange, and move anything you plan to hold into your own wallet. Write the recovery phrase on paper, store it offline, and test with a tiny transfer before sending the full amount. Solana transfers are quick and cheap, but they are irreversible.

Country guides: buying WIF where you live

Rules, regulators, taxes and payment methods differ widely from one country to the next. Rather than one generic page, we wrote a guide for each major market. Each covers local regulators, the payment methods people actually use and the pitfalls that catch newcomers.

Each page has a currency calculator, so you can see roughly what your budget converts to before you commit.

Local exchanges: why they matter

Global exchanges are not always the best door into crypto. Local platforms often offer lower-friction deposits in your own currency, support in your language and a regulator you can actually call. Our local crypto exchanges hub explains how to evaluate them, and links to six independent reviews:

  • Bitvavo, a Dutch exchange popular across Europe.
  • Bitpanda, an Austria-based platform with a broad European footprint.
  • BtcTurk, one of Turkey's best-known platforms.
  • Mercado Bitcoin, a long-standing Brazilian exchange.
  • Swyftx, an Australian exchange.
  • Kraken, a US-founded exchange with global reach.

Whether a specific exchange lists WIF, and in which regions, changes over time. Treat our reviews as a starting point, then confirm on the exchange's own market list before depositing.

Pro tip. Before you deposit, open the exchange's markets page, search for WIF and look at the pairs available. A WIF/EUR or WIF/USD pair usually beats a roundabout trade through a stablecoin.

Can you earn with WIF?

People constantly ask about staking, yield and passive income. The short, honest answer: WIF itself has no staking mechanism, no burn programme and no built-in rewards that we could verify. Third-party platforms may offer lending or liquidity-provision products, and each carries counterparty and smart-contract risk. We lay out the options and the red flags in WIF staking and earning.

Questions beginners ask first

Is it too late to buy WIF? Nobody knows, and anyone who says otherwise is guessing. The coin peaked in March 2024 and has traded far below that since, so the real question is whether you are comfortable with its volatility, not whether you are "early".

How much do I need to start? Most exchanges let you buy with a small amount. Start with an amount that would not hurt if it went to zero, and check the minimum order size and fees first.

Do I need a wallet? Not to begin. An exchange account is enough for buying and holding. A wallet is for people who want custody and are ready to protect a recovery phrase.

Is WIF taxed? In many countries crypto sales are taxable events. Rules differ, so read your country page and your tax authority's guidance, and keep records of every purchase and sale. This site gives general information, not tax advice.

What this site is, and is not

We are independent. Nobody at dogwifhat has endorsed this site, and we are not the project. We research from primary sources: regulators' registers, exchange legal pages, CoinGecko and the blockchain itself. When we could not verify something, we say so.

We mention CEX.IO where it is relevant, as one exchange among many, and you should always compare it with local and global alternatives. Nothing here is financial, tax or legal advice. If you are unsure, talk to a qualified professional in your country.

The short version

WIF is a funny, volatile, very liquid Solana memecoin. You can buy it in minutes, and you can lose it just as fast. Verify the contract address, use regulated exchanges, keep your seed phrase private, start small, and ignore anyone promising returns. Start with what is dogwifhat, then follow the guide that matches what you want to do next. The hat is optional, the homework is not.

Quick answers

What is dogwifhat (WIF)?

dogwifhat is a memecoin on the Solana blockchain. Its mascot is a Shiba Inu wearing a pink knitted hat. It launched anonymously in November 2023, has no utility roadmap, and its value rests on community attention and market sentiment.

How do I buy WIF?

Create an account on an exchange that lists WIF, verify your identity, deposit funds, then buy WIF on the spot market or with a card. You can withdraw it to a Solana wallet afterwards. Our how-to-buy guide walks through each step.

Is dogwifhat a good investment?

Nobody can promise that. WIF is a highly volatile memecoin that fell from an all-time high of $4.83 in March 2024. Only put in money you can afford to lose entirely, and do your own research.

What is the WIF contract address?

The Solana mint address listed on CoinGecko is EKpQGSJtjMFqKZ9KQanSqYXRcF8fBopzLHYxdM65zcjm. Always copy it from a trusted source, because fake tokens with the same name are common.

Does WIF have staking or yield?

No native staking exists for WIF. Websites promising official WIF staking are usually scams. Some third-party DeFi platforms let you lend or provide liquidity, but those carry their own risks.

Who created dogwifhat?

The team behind WIF is anonymous and the project describes itself as community-driven. Anyone claiming to be an official founder or promising private allocations should be treated with suspicion.