Dogwifhat (WIF) has experienced a dramatic decline this year as meme coins as a whole have been battered by the Federal Reserve\u2019s decision to hit the pause button when it comes to interest rate cuts.<\/p>\n
Since 2025 started, WIF has accumulated a 64.6% drop and now its market capitalization stands below $1 billion.<\/p>\n
What was once one of the most promising tokens in the space has now become one of its laggards despite the community\u2019s efforts to raise awareness about the token.<\/p>\n
However, this weakness is not confined to WIF solely, as the majority of assets within the meme coin space are down heavily this year. According to data from CoinMarketCap, the aggregated value of the 100 largest tokens in this category has dropped by 29.7% in the past 30 days.<\/p>\n
Recently, WIF\u2019s official X account updated the community about its ongoing efforts to display the WIF logo in the Las Vegas sphere. They said that a group of interested parties has engaged in negotiations with a top brand to pull this marketing stunt.<\/p>\n
\nThe Wif Sphere organizers have been in ongoing negotiations with various parties to collaborate on the Sphere ad placement. Since the Wif team is not a corporate entity, the organizers are collaborating WITH an established brand to execute this advertisement. Timeline has been\u2026<\/p>\n
\u2014 dogwifcoin (@dogwifcoin) January 31, 2025<\/a><\/p><\/blockquote>\n