No Slow Fade—Only a Sheer Cliff On 5 August 2025, a pink-knit beanie goes under the hammer. It is neither a luxury artifact nor a museum piece; it is the trademark hat of Dogwifhat (WIF), the Shiba Inu that once ruled Crypto Twitter. In November 2024 the hat still symbolised a forty-billion-dollar meme-coin empire. The community even raised nearly US$700 k to beam the image onto the Las Vegas Sphere. Three months earlier, on 18 March 2024, the very same “hat dog” was minted as an NFT on Found...