Solana -based breast Coin Dogwifhat (WIF), which has attracted great attention recently, has received a major blow with the denials about the alleged partnership with Las Vegas Sphere. The rapidly spread speculation and excitement in the crypto currency world affected the price of WIF. However, after the SPERE officials announced that they had no ties with the project, Dogwifhat suffered a serious depreciation.
Breast Coin declined with the denial of a partnership with Sphere in Las Vegas.
Popular Solana -based breast Coin Dogwifhat (WIF) took a major blow with the finalization that he had no partnership with Las Vegas Sphere. After the SPERE officials confirmed that they did not have any connections with the project, the price of the WIF fell by about 10 %within one hour. This development followed a mass funding campaign, which was launched by the Dogwifhat community in 2024 and collected about $ 700,000 with the promise that WIF would be displayed in Las Vegas Sphere. However, the SPERE officials rejected these claims. Las Vegas Sphere spokesman, in a statement on the subject, said the following:
We never had an agreement with Dogwifhat. Earlier last year, our agency had only a very superficial meeting. Dogwifhat worries us that he used our name in this way.
Description came from the dogwifhat team
Despite this, the Dogwifhat team claimed that they had no intention of misleading, claiming that they were conducting negotiations with Sphere through an intermediary institution. Dogwifhat team, social media platform X (formerly twitter) sharing, the negotiations are still going on and if the agreement does not take place, the fund of $ 700,000 will be paid back:
If the plan cannot be implemented for any reason, the contract will be canceled and the donations will be paid back. We did not intend to mislead any side.
However, these statements were not enough to eliminate the uncertainty in the markets. The Dogwifhat price gained 34 %at the beginning of the week due to a possible cooperation speculation with Sphere. However, with the denial of the news, the price fell rapidly and caused an increase in the market fluctuations with a sudden loss of 10 %.
