
Lawal Ridwan
@leksidenation
Dogwifhat (WIF) Faces Price Decline After Las Vegas Sphere Ad Plans Collapse
Dogwifhat (WIF) faced a significant setback after its plans to advertise on the Las Vegas Sphere fell through, leading to a decline in its price. Initially, a crowdfunding campaign raised $700,000 to display WIF's logo on the Sphere, boosting its price to $4.83. However, skepticism grew as no confirmation came from Sphere's management. On January 31, 2025, Sphere denied any agreement with Dogwifhat, causing backlash and concerns over transparency. Despite this, some investors remain optimistic, with notable purchases and short liquidations temporarily supporting the price. Analysts are divided on WIF's future, with some predicting a potential rally to $4.01, while others caution due to market skepticism. 0 reply
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