The auction for the original photo of 'Achi, the dog wif hat', a well-known meme, has seen a dramatic increase in bids over the past day. Starting with a bid of 50 ETH, the auction's intensity escalated quickly, with notable bids including 55 ETH, 151 ETH ($543,000), and a significant jump to 569 ETH by Memeland. The highest bid reached was 976.80 ETH ($3.5M) by PleasrDAO. In a surprising turn of events, a third bidder, GCR, entered the fray with an even higher bid of 1,210 ETH ($4.4M+), although it's unclear if this bidder is associated with GCRClassic. The auction has attracted attention from various corners of the cryptocurrency and meme trading communities.