Traders and users on social media are questioning the fundraising project to put the dogwifhat icon on the Las Vegas Sphere. Although the funds have exceeded the goal of $650,000, the icon has not yet appeared on the sphere. The donations, worth nearly $700,000 in USDC, are held in a frozen crypto wallet. Users on social media have expressed frustration and doubt about the project's progress and whether it will actually happen. The project's leader, known as Ansem, provided a humorous update in July 2024, but no further information has been given. Traders are growing concerned as the value of the dogwifhat coin has decreased by nearly 45% in the past month. The coin, launched on the Solana blockchain in November 2023, initially gained popularity and reached a market cap of $1 billion in just 81 days. However, its market cap now stands at around $1.5 billion.



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