Key Notes

BAGS platform founder purchased the authenticated dogwifhat memorabilia for 6.8 Bitcoin after intense bidding competition.

Both WIF and SHIB meme coins experienced 5% price surges following the high-profile auction's conclusion on August 7th.

Trading volumes jumped significantly with SHIB up 39% and WIF up 23% as viral moments continue driving market momentum.

A pink knit cap associated with the dogwifhat WIF $0.97 24h volatility: 4.9% Market cap: $971.28 M Vol. 24h: $296.21 M meme coin was sold in an online auction hosted by OrdCity on August 7, with a winning bid of 6.8 Bitcoin BTC $116 461 24h volatility: 0.8% Market cap: $2.32 T Vol. 24h: $36.08 B worth nearly $795,600 at the time.

The hat, considered a valu

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