Dogwifhat, often stylized as 'dogwifhat,' features an adorable Shiba Inu named Achi wearing a pink knitted beanie. The image first appeared online in late 2019 but exploded in popularity in late 2023 as the mascot for the $WIF cryptocurrency on the Solana blockchain. Its charm lies in its absurdly simple premise—it is literally just a dog wearing a hat—and the intentional misspelling that reflects classic internet 'doge' speak. The meme has since become a titan in the memecoin space, representing a community-driven movement that values humor, simplicity, and the viral nature of pet photos over traditional financial utility.