The iconic image of Achi, a dog wearing a hat, has been sold as a non-fungible token (NFT) for a record-breaking $4.3 million. The NFT sale was conducted on the crypto platform Foundation, with influential trader Gigantic Rebirth Ventures winning the bid. This sale has propelled the meme-inspired memecoin Dogwifhat to become the third-largest memecoin by market cap, surpassing other popular memecoins like $bonk, $floki, and $pepe. The sale of Achi's NFT has set a new record for the most expensive meme NFT ever sold, sparking a surge in the value of $WIF, the associated cryptocurrency.