dogwifhat sol (WIF) Tokenomics
dogwifhat sol (WIF) Information
dogwifhat(WIF) is a memecoin on the Solana chain.
dogwifhat sol (WIF) Tokenomics & Price Analysis
Explore key tokenomics and price data for dogwifhat sol (WIF), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
In-Depth Token Structure of dogwifhat sol (WIF)
Dive deeper into how WIF tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
Overview
Dogwifhat (WIF) is a meme coin operating on the Solana blockchain, launched in November 2023. It is an SPL token with a fixed maximum supply and is primarily used for speculative trading and community engagement, with no underlying utility or protocol incentives.
Issuance Mechanism
- Type: SPL token on Solana
- Total Supply: 1,000,000,000 WIF (fixed supply; some sources cite ~998.91 million due to rounding or minor burns)
- Minting: The entire supply was minted at launch by a single wallet and then distributed to various addresses.
- Burn Mechanism: No burning or buyback mechanisms are featured or planned.
Allocation Mechanism
| Allocation Category | Details |
|---|---|
| Public/Private Sale | No tokens were sold in public or private sales; no fundraising via token sales occurred |
| Team/Advisors | No verifiable information on team or advisor allocations; team is anonymous |
| Community/Other | Entire supply minted to a single wallet, then distributed to various addresses |
| Top 10 Holders (as of Jan 2024) | ~21.66% of supply (~216.34M WIF) held by top 10 addresses; largest single holder ~6.81% |
- Note: The lack of transparency on initial distribution means the exact allocation breakdown is not publicly available.
Usage and Incentive Mechanism
| Mechanism | Details |
|---|---|
| Utility | Purely speculative; no protocol utility, governance, or access rights |
| Incentives | No staking, liquidity mining, or rewards for holding or using WIF |
| Claims/Rights | No claims on capital, profits, voting, or other legal rights |
| Platform Usage | Tradable on both centralized (e.g., Binance, Gate.io, MEXC) and decentralized exchanges |
- No staking, liquidity provision, or on-chain incentive mechanisms exist for WIF.
Locking and Unlocking Mechanism
| Mechanism | Details |
|---|---|
| Locking | No vesting, lockups, or scheduled unlocks; all tokens were liquid at launch |
| Unlocking | Not applicable; no vesting or time-based release schedule |
- No vesting contracts or time-locked allocations are present.
Additional Notes
- Governance: WIF does not confer governance rights.
- Concentration: As of early 2024, the top 10 holders control over 21% of the supply, with the largest single wallet holding nearly 7%.
- Team: The team is anonymous, and there is no public information about their token holdings or compensation.
- Transparency: There is no whitepaper, and all information is sourced from the official website and public blockchain data.
Summary Table
| Aspect | Details |
|---|---|
| Issuance | Fixed supply, all minted at launch |
| Allocation | No public/private sale; distribution details unclear; top holders control ~21% |
| Usage/Incentives | No utility, staking, or rewards; purely speculative |
| Locking/Unlocking | No vesting or lockups; all tokens liquid from launch |
| Team/Advisor Tokens | No public info; team is anonymous |
Dogwifhat (WIF) exemplifies the meme coin model: a fixed-supply, community-driven token with no protocol utility, incentives, or vesting, and a highly concentrated initial distribution. Its value is driven by market speculation and community engagement rather than underlying economic mechanisms or utility.
dogwifhat sol (WIF) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of dogwifhat sol (WIF) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of WIF tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many WIF tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand WIF's tokenomics, explore WIF token's live price!
How to Buy WIF
Interested in adding dogwifhat sol (WIF) to your portfolio? MEXC supports various methods to buy WIF, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
dogwifhat sol (WIF) Price History
Analyzing the price history of WIF helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
WIF Price Prediction
Want to know where WIF might be heading? Our WIF price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
Why Should You Choose MEXC?
MEXC is one of the world's top crypto exchanges, trusted by millions of users globally. Whether you're a beginner or a pro, MEXC is your easiest way to crypto.
Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy dogwifhat sol (WIF)
Amount
1 WIF = 1.24 USD