Pink Shiba Inu Hat Sells for $799K – Who Knew Dog Hats Were Million-Dollar Investments?

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Imagine a pink knit hat. Not just any hat-oh no, this one’s *linked* to a viral dog, Achi (who, by the way, has a better social life than most of us). It previously belonged to the realm of internet memes, but now it’s as precious as a rare diamond, fetching a staggering $799,600 at auction. Yep, folks, it’s a fashion statement-or a cryptocurrency treasure-depending on your perspective.

A dog wearing a pink knit cap | source: @ordcity on X

The auction, hosted by OrdCity (which sounds like the name of a sci-fi villain’s lair but is actually just a very serious place for trading digital shiny objects), wrapped up after five hours of frenzied best-guess bidding. The winner? Finn, the guy who now probably has a new hobby of collecting dog hats and pretending he’s a canine fashion mogul. The hat was validated by Achi’s account himself (or her, or them-who’s keeping track?). Apparently, it’s a “lucky charm,” which means Finn can now use it to ward off bad Bitcoin days or simply impress his crypto buddies.

24-hour trading activity for Shiba Inu | Source: TradingView.

24-hour trading activity for Dogwifhat | source: TradingView.

And just like that, the internet’s obsession with dog-themed tokens gained a little more sparkle. WIF (which, confusingly, isn’t just a typo for Wi-Fi but a cryptocurrency with a cult following) and Shiba Inu-both inspired by internet dogs-started climbing like puppies sniffing newfound fame. WIF shot up 23%, and Shiba Inu, needing no encouragement, ran up by 39%, possibly to thank the universe for the very expensive hat.

It’s pretty much just another day in the crypto zoo, where a viral dog photo can push prices higher, billionaires tweet and send the markets on a joyride, and a pink knit cap can sell for nearly a million dollars. Who needs art or gold when you’ve got a dog hat? 🐶💸

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2025-08-09 03:05