The original knitted hat associated with the Solana memecoin Dogwifcoin, known as the Dogwifhat, was auctioned and sold for $800,000. The final buyer was @finnbags, the founder of the Solana memecoin launchpad BagsApp. The auction attracted considerable attention, with bids reportedly reaching as high as $11.75 million in Bitcoin (101 BTC) at one point, though the final sale price settled at $800,000. The sale highlights the growing value and interest in meme culture artifacts and NFTs within the cryptocurrency community. This transaction is notably lower than other high-profile NFT sales, such as a $4.3 million iconic photo NFT. The Dogwifhat sale underscores the evolving market for digital and meme-related collectibles on blockchain platforms.