Dogwifhat memecoin lies about deal to put the meme on the Las Vegas Sphere after raising $700,000 to pay for it

A photo of the shiba dog from the dogwifhat meme, with the Las Vegas Sphere photoshopped on its head, holding an old cell phone with "Q1 2025" on itMeme used in the post to announce the falsified deal (attribution)
In late January, the creator of the "dogwifhat" memecoin announced "Officially confirmed. Viva hat vegas." in a tweet accompanied by a photo overlaying the dog meme with the Las Vegas Sphere. Project organizers had raised around $700,000 in March 2024 to fund the project, hoping that the attention-grabbing stunt would spike the memecoin price. The announcement alone had somewhat of a similar effect, causing the $WIF price to spike by more than 30% shortly after.

However, crypto media firm Decrypt reached out to a spokesperson for the Las Vegas Sphere and discovered that no such deal had been reached.

Dogwifhat creators have since backtracked, replacing the tweet with a version omitting the "officially confirmed" portion, but still claiming that they "have been in ongoing negotiations with various parties to collaborate on the Sphere ad placement". They promised to return the funds "if, by any chance, the plan is not executed".