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Dogwifhat Gains Popularity as a Memecoin on Solana Blockchain

Jul 6, 2024 #仮想通貨
Dogwifhat Gains Popularity as a Memecoin on Solana Blockchainコインチェーン 仮想通貨ニュース

Dogwifhat,a memecoin inspired by the Shiba Inu dogmeme,gains popularity on the SolanaBlockchain,driven by an active and engagedcommunity.

Points

  • DogwifhatisamemecoininspiredbytheShibaInudogmeme.
  • LaunchedontheSolanaBlockchaininlate2023.
  • Thecommunityraised$700,000forpromotionalactivities.
  • Dogwifhathasamaximumsupplyof998.9millionWIFcoins.
  • BinanceTRistherecommendedexchangeforbuyingWIFwithTRY.

Dogwifhat,similar to other successful cryptocurrencies like Dogecoin(DOGE)and Shiba Inu(SHIB),is a memecoin inspired by the Shiba Inu dogmeme.Launched on the Solana Blockchain in late2023,Dogwifhat quickly gained popularity and became one of the topmemecoins.Despite its modest claim of being“literallyjust a dog with ahat,”the project has managed to show significant success driven by an active and engagedcommunity.

The community supporting Dogwifhat demonstrates its enthusiasm and activity through variousinitiatives.In March2024,they raised over$700,000in USDC through crowdfunding to promote Dogwifhat at the Las Vegas Sphere in a campaign known as“SphereWifHat.”Additionally,an NFT ofAchi’soriginal image was sold for over1,210ETH,showcasing thecommunity’sdedication andsupport.Pink beanie hats are sold in a Dogwifhat store opened by communitymembers,and the proceeds are donated to a charity for streetdogs.

Dogwifhat operates with a simple tokenomics model with a maximum supply of998.9million WIFcoins.It functions as an SPL token onSolana,similar toEthereum’sERC-20tokens.There are no mechanisms like staking or burning to affect thecryptocurrency’ssupply.Community initiatives are independently supported throughcrowdfunding,allowing participation without owning WIFcoins.

Currently,WIF offers no special benefits and is traded entirely for speculativepurposes.Its price is highlyvolatile,offering various opportunities for significant gains while also carrying highrisks.

HowtoBuyDogwifhat(WIF)withTRY?

Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Dogwifhat(WIF).On BinanceTR,where an account can be quicklycreated,over100cryptocurrencies,includingWIF,can be bought andsold.To buy Dogwifhat(WIF)with TRY on BinanceTR,you can follow the stepsbelow.

HowtoOpenanAccountonBinanceTR?

Opening an account on Binance TR is quiteeasy.Forthis,you need to go to thetrbinance.comaddress and continue from the“CreateAccount”step.In the first step of creating anaccount,you will be asked to enter basic information such as your emailaddress,phonenumber,name-surname,date ofbirth,nationality,andT.C.identitynumber.

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After entering the requested information completely andaccurately,email/SMSverification will be done to confirm theinformation.After completing thisprocess,you will proceed to the secondstep,identity verification(KYC).

HowtoVerifyanAccountonBinanceTR?

Identity verification on Binance TR is one of the security procedures that need to be completed before starting cryptocurrency trading and during accountcreation.This process is also necessary to protect both the user and the cryptocurrencyexchange.You can perform the verification process either from your phone or through the official Binance TRwebsite.Note that you will need your mobile phone to verify your identity from thewebsite.

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On the Binance TRwebsite,hover over the“Profile”option at the topright,click on“IdentityVerification andLimits”from thedrop-downmenu,and then click on“Verify.”After thisstep,you will need to scan the QR code that appears with yourphone’scamera and continue the process on yourphone.If you cannot scan the QRcode,you can click on the“CopyURL”option to send the identity verification address to your phone viaSMS.

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When you enter the address on your phone or scan the QRcode,a screen like the one below will open on yourphone.Fromhere,first,tap on the“Identity”option tocontinue.

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Then a screen like the one below willopen.To continue the verificationprocess,first select the document type that suits youbest.

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After selecting the documenttype,you can continue by tapping on the“UploadFront”option.After taking a photo of the front side of the document according to the document type youselected,tap on the“UploadBack”option and take a photo of the back side of the document and uploadit.When taking photos of the front and back sides of your identity card ordriver’slicense,make sure the images are clear and the information in the photo is easilyreadable.

Then you can continue by tapping on the“Selfie”option.At thispoint,yourphone’sfront camera willopen,and you will need to scan yourface.Once the cameraopens,make sure your face fills the camera area as much aspossible.

After completing all these steps accurately andcompletely,your identity verification process will be completedshortly.

HowtoDepositTLonBinanceTR?

You can easily deposit TL into your Binance TR account from allbanks.You can deposit TL24/7and make uninterrupted transactions from yourVakıfbank,ZiraatBankası,İşBankası,Akbank,Fibabanka,Şekerbank,andTürkiyeFinansaccounts.For otherbanks,you can deposit up to50,000TL24/7withFAST.Deposits over50,000TL from other banks are processed during EFThours.

To deposit money into your Binance TRaccount,first go to thetrbinance.comaddress,hover over the“Wallet”option at the top left of thehomepage,and click on the“Deposit”option from thedrop-downmenu.

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Then a page like the one below willopen,and you can continue the deposit process by selecting your preferred bank from thispage.If your preferred bank is not yet integrated with BinanceTR,you should continue by clicking on the“OtherBanks”option.

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In thisexample,we will continue usingVakıfbank,but the process is the same for all otherbanks.When you click on theVakıfbankoption,you will see an account name and IBAN address where you can make atransfer,EFT,or FAST to thatbank.All you need to do now is use the information displayed on thebank’spage to transfer the amount you want to deposit into your Binance TR account viatransfer,EFT,orFAST.

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After your bank completes the transferprocess,the funds you sent will automatically be reflected in your wallet on your Binance TRaccount.

HowtoBuyWIFCoinwithTLonBinanceTR?

After the depositprocess,you can proceed to the WIF coin purchase step with TL by clicking on the“Buy-Sell”option in the top left menu on the Binance TRwebsite.

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After clicking on thisoption,the following page willopen.In the search section on the right side of thispage,type“WIF”and click on theWIF/TRYoption from the results to go to the WIF purchase page withTL.

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Now the following WIF trading page willopen.On thispage,in the area marked with a redbox,you need to enter the price at which you want to

buy WIF in the first box and the number of WIF you want to buy in the secondbox.After entering theamount,you can complete your purchase by clicking the“BuyWIF”button.

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WhatisBinanceTR?

Binance,theworld’slargest cryptocurrency exchange by tradingvolume,officially launched its platform Binance TR in2020,specifically for cryptocurrency investors inTurkey.The cryptocurrencyexchange,headquartered inIstanbul,can be accessed attrbinance.com.

Binance TR leveragesBinance’stechnology,securitymeasures,and liquidity provided through the Binance Cloud infrastructure to offer bothfiat-to-cryptoandcrypto-to-cryptotradingservices.Users in Turkey can seamlessly deposit and withdraw Turkish lira(TRY)directly through bank channels and trade various cryptocurrencies with TRY pairs via BinanceTR.

解説

  • Dogwifhat,inspiredbytheShibaInudogmeme,hasquicklygainedpopularityontheSolanaBlockchain.
  • Thecommunity’sactiveinvolvementincludesraisingsignificantfundsforpromotionalactivitiesandsupportingcharityinitiatives.
  • Dogwifhatoperateswithasimpletokenomicsmodel,focusingonspeculativetradingwithoutadditionalmechanismslikestakingorburning.
  • BinanceTRisrecommendedforpurchasingWIFcoinswithTurkishlira,offeringauser-friendlyplatformwithrobustsecuritymeasures.
  • BinanceTRsupportsseamlessfiat-to-cryptotransactionsandintegratesBinance’sadvancedtechnologyandsecurityfeatures.