A group of crypto enthusiasts have raised a staggering amount of cash to advertise their favorite coin in Sin City for one week.
plan to display a Shiba Inu puppy wearing a pink woven beanie hat onto the concert venue
According to Unchained, investors of the Dogwifhat cyptocurrency have raised $690,000 to put an image of a meme on the Las Vegas Sphere. They plan to display a Shiba Inu puppy wearing a pink woven beanie hat onto the concert venue, which is known for its spherical LED display lighting up the Vegas skyline.
DEGEN NEWS took to X to share the final $670,736.706 total, along with an imagining created by those who started the campaign:
The coin, which is based around the dog with a hat meme and trades as $WIF, surged more than 30% in just 24 hours upon confirmation of the news on Wednesday, reaching $2.66 per coin. The coin is built on the Solana blockchain.
The cost of advertising on the Sphere is $450,000 per day or $650,000 per week. Microsoft’s Xbox and the NBA’s 2023 Summer League are two major brands to have utilized this deal so far, adorning the venue with their branding.
The jury is still out as to whether the crypto fanatics will actually convince The Sphere to accept their request.