dogwifceo
Crypto Overview
Purpose and Utility
DogWifCEO (WIFC) is a meme cryptocurrency launched on the Solana blockchain in February 2024. The project explicitly positions itself as a meme token inspired by a viral dog meme, with no stated utility beyond community engagement and trading.
Business Model and Operations
The token operates primarily as a tradeable digital asset on decentralized exchanges. There is no complex business model or additional features beyond basic token transfers and trading.
Development and Community Activity
The project maintains basic social media presence and community engagement through Twitter/X and Telegram. There is minimal technical development as the token uses standard Solana SPL token functionality.
Token Distribution
Initial token distribution included a fair launch with no team allocation. The token supply is fixed at 69,420,000,000 WIFC tokens. Trading occurs primarily on decentralized exchanges like Raydium and Jupiter.
Marketing and Communication
Marketing focuses on meme culture and community building through social media. The project is transparent about being a meme token without additional utility claims.
Crypto Impact
To assign a comfort level investing in dogwifceo from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to dogwifceo.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.