Dogwifhat Meme Coin Faces Setback as Las Vegas Sphere Denies Partnership
A representative of the Las Vegas Sphere has denied any agreement to feature the Dogwifhat meme coin at the venue. This statement contradicts claims made by Dogwifhat token supporters, who believed a partnership was in place.
According to the Sphere spokesperson, “We have never had a deal with Dogwifhat, and our agency at the time only had one very preliminary conversation early last year.” The spokesperson further clarified that there was never a plan for Dogwifhat to appear on the Exosphere and expressed concern that the venue’s name was being misused for deceptive purposes.
Debunking the Rumors
The denial follows a now-deleted post from Dogwifhat’s official X account that stated, “Officially confirmed. Viva hat vegas,” accompanied by an artist’s rendering of the meme dog on the Sphere. A revised version of the post later removed the confirmation but retained the artwork, which featured a phone screen displaying “Q1 2025.”
In March 2024, five organizers raised funds from WIF supporters to fund a Sphere advertisement, driving the token to an all-time high of $4.83. However, as no campaign materialized, criticism grew, with many demanding refunds.
“It was the story of a Dogwifhat, but a scammer took $600k from it and spent it on party and other things instead of bidding on Bitcoin.”
This incident highlights the importance of verifying information before investing in any cryptocurrency project. Investors should always do their due diligence and be cautious of scams and misinformation in the cryptocurrency market.
Tips for Cryptocurrency Investors
- Verify information through reputable sources before investing in any project.
- Be cautious of scams and misinformation in the cryptocurrency market.
- Do your due diligence and research the project thoroughly before investing.
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