The original hat that became an integral part of meme culture is up for auction. This hat belongs to Achi, the Shiba Inu who became a meme star.
History of the Dogwifhat Hat
The hat was crafted from yarn originally intended for donation. Achi, born in September 2018, quickly became an internet sweetheart. His famous photo was taken on November 17, 2018, and was soon uploaded by a friend on Instagram.
Auction and Bids
Currently, the hat has a top bid of 6.8 BTC, approximately $791,248.38. The auction started with an initial bid of 0.00025 BTC on August 5. There are less than 3 hours left until the auction closes. It's possible someone will make a final bid of 10 BTC.
Authenticity Verification
To verify its authenticity, the team inscribed a photo of Achi and his parents with the hat on the Bitcoin blockchain using Ordinals technology. A DAO known as the Bureau of Internet Culture supported the NFT sale of the meme, which sold for 1,210.759 ETH.
The Dogwifhat hat has become a symbol of meme culture, and its sale at auction offers a unique opportunity for collectors and fans. The auction highlights the significance of memes in today's internet landscape.