As of publication, the dogwifhat community has raised over $303,000 of its lofty target of $650,000.
The dogwifhat community is gearing up to make its mark on the iconic Las Vegas skyline. This follows after reports surfaced that community members and followers of the runaway Solana sensation dogwifhat (WIF) are currently raising funds that will allow them to bring a meme twist to the gigantic Vegas Sphere.
For many, the move underscores the recent bubble around meme coins. However, it also looks to have been fueled by the ongoing buzz around social media. Nonetheless, there are still mixed feelings among crypto enthusiasts worldwide about the bold plan.
Dogwifhat to the World
According to a donation page that was launched on Sunday, as of publication, the dogwifhat community has raised over $303,000 of its lofty target of $650,000. However, blockchain data reveals that contributions ranged from modest sums of $1 to staggering figures of about $9,999.
Interestingly, all donations are exclusively accepted in USD Coin (USDC). This further showcases the collective power of the crypto community toward a singular vision of embracing blockchain technology.
Speaking about The Sphere, it is an architectural marvel renowned for its out-of-the-world entertainment experiences. The venue has a capacity of over 18,600 people, while the outside holds a gigantic display panel that completely wraps around its dome.
According to a local report, it costs as much as $450,000 per day to rent the dome.
Crypto Community Divided Over Vegas Sphere Plans
It must be noted that amidst the excitement of the public fundraising, which has now gained proper momentum, the crypto community has been left divided over the true intentions of the dogwifhat community.
For some, the plan may be merely an act of exuberance. They feel that owners of newfound wealth sometimes act on impulse to do crazy and unnecessary things. Others, however, view it as a marketing tactic aimed at popularizing WIF.
Whatever might be the case, one thing is certain – the dogwifhat community is clearly on a path to etch its legacy onto the fabric of mainstream consciousness.
next