A seemingly ordinary pink woolen hat was actually sold for an astonishing price of $80,000! This is not a high-end fashion item, but the iconic prop on top of the head of Achi, the Shiba Inu at the center of the meme coin Dogwifhat ($WIF): the "pink divine hat".
Sold for $80,000! BAGS CEO Secures the "Meme Relic"
According to the latest data from the Ordcity auction platform (Ordinal inscription auction platform), the pink woolen hat was ultimately successfully bid on by FINN, the founder and CEO of the meme coin issuance platform BAGS, at a price of 6.8 BTC (approximately $80,000).
In fact, the auction lot included not only Achi's physical pink woolen hat, but also a photo of Achi with the hat, a handwritten letter from the owner (for authenticity verification), and a video narrated by the owner (revealing the story behind the hat and the $WIF meme).
Additionally, an interesting incident occurred during the auction. X user @Wolfy_XBT revealed that during the auction, a Chinese KOL @hexiecs had bid 100 BTC (approximately $11.65 million), but FINN was undaunted and immediately countered with a 101 BTC bid, showing a determined attitude. However, after careful investigation, netizens discovered this was just a small "meme drama", as the platform's breach penalty was only $2,900, so even a bid of 1,000 BTC would not incur a high violation cost.
After securing the hat, earlier today, FINN also posted on the X platform, claiming he had disabled an $80,000 hat worth $1 billion:
I am pleased to announce that @BagsApp has completed its first acquisition. We spent only $700,000 to buy a hat worth $1 billion! Get ready for the subsequent surprises!
BAGS Gains Attention
As FINN wished, in the currently highly competitive meme coin issuance market, BAGS, as a meme coin issuance platform, successfully linked its brand with the legendary story of $WIF through this auction, attracting massive attention. Data shows that after the auction, BAGS' token deployment volume significantly increased, rising to second place in the market yesterday, surpassing LetsBonk and second only to the leading platform Pump.fun.
