- Las Vegas Sphere denied any deal with Dogwifhat, despite rumors fueled by a post from the coin’s team.
- Dogwifhat’s price spiked 34.7% after cryptic hints of a Q1 2025 ad campaign, before settling back to $1.30.
- Nearly $700,000 raised for the Sphere campaign was moved to a new wallet, raising further scrutiny from critics.
Rumors about the Dogwifhat meme—the quirky mascot of a popular Solana coin—appearing on the Las Vegas Sphere have taken the internet by storm. But hold on—it’s not happening, according to a Sphere spokesperson who shut down the speculation on Friday.
“There has never been any deal with Dogwifhat,” the spokesperson told Decrypt. “Our agency had a brief, early conversation last year, but that was it. We’re upset that they’re falsely using our name to hype this.” This statement came shortly after the Dogwifhat team stirred excitement with a cryptic post on X, hinting that the mascot would soon grace the massive LED-covered landmark.
The Hype and the Fallout
The Dogwifhat saga began nearly a year ago when five organizers raised $700,000 from fans to fund a campaign aimed at getting the dog meme on the Sphere. The token hit an all-time high of $4.83 in March 2024 thanks to this hype, but since then, things have gotten messy. Critics, particularly those targeting influencer Ansem, have demanded transparency—or their money back.
Fast forward to this week: The official Dogwifhat X account claimed “Officially confirmed. Viva hat vegas,” sparking a frenzy. But then the post was deleted, replaced by another version showing the mascot holding a phone that displayed “Q1 2025.” No confirmation this time—just more vague promises of future announcements.
That post alone caused WIF’s price to spike 34.7% within four hours, hitting $1.34 before cooling to $1.30. Around the same time, nearly $700,000 was moved from the project’s multi-sig wallet to a mysterious new one, with a small amount of USDC later sent to Coinbase. Naturally, this raised eyebrows across the crypto community.
Smoke and Mirrors?
Despite the hype, it seems like nothing concrete is in the works with the Las Vegas Sphere. Decrypt reached out to key players behind Dogwifhat—including multi-sig wallet holders Ansem, Mihir, and Quasi—but so far, no one’s talking.
For now, fans of Dogwifhat are left with more questions than answers, though the buzz (and the wild price swings) show just how unpredictable the world of memecoins can be.
