PUGWIFHAT Price

PUGWIFHAT (PUGWIF) is a cryptocurrency launched in 2024. It exists as a meme coin on the Sui network, categorized under the meme and Sui ecosystem verticals alongside the MoveVM (MVM) designation.

A community-owned meme asset on Sui, PUGWIFHAT channels the chaotic energy of decentralized social coordination to onboard non-crypto natives. Its niche is bridging the gap between Web2 audiences and Sui’s object-oriented blockchain by leveraging viral, low-barrier meme culture. The token does not purport to replace financial infrastructure; instead it serves as a cultural on-ramp.

PUGWIFHAT operates on the Sui network. Sui’s parallel transaction execution and Move language underpin token transfers and liquidity pool interactions. The asset circulates permissionlessly across Sui-native decentralized exchanges, with no intermediary chain or sidechain complicating the settlement layer.

The token is implemented as a MoveVM-compatible asset on Sui, auditable via the contract address 0x2cd6f14a4b64c3a0fa9c644e8ed88d9c91d789a071886d67d24e6b435147063d::pugwif::PUGWIF. Its object-centric data model supports composable interactions with other Sui DeFi primitives without the gas overhead typical of EVM chains. Public explorers chronicle every transfer and liquidity event in real time.

PUGWIFHAT emerged on September 11, 2024. Within hours, the original deployer drained the liquidity pool, triggering an immediate on-chain pursuit by a group of traders who refused to accept the rug. Tracking the scammer’s wallet through transaction history, they negotiated the burning of both the liquidity and the deployer’s personal supply. This event initiated a community takeover—a CTO—and a volunteer team rapidly assembled to resurrect the project from ash. No singular founder claims credit; the entity is a collective spawn of crisis and coordination.

The project’s abiding purpose is cultural amplification. By co-opting the pugwifhat meme, it seeks to expand awareness of the Sui ecosystem far beyond the typical crypto bubble. The aim is not technical disruption but memetic infiltration—pulling curious Web2 users, non-SUI natives, and casual speculators into Sui’s orbit through sheer social virality.

PUGWIF operates as a rigid, fixed-supply token. The contract enforces a hard cap of one billion units; the early burn incident eliminated the deployer’s allocation and permanently locked total supply. No mint function, administrative key, or inflationary emission schedule exists. The token’s mechanical function is purely transactional—it moves between wallets and liquidity pools without weighted governance, staking multipliers, or protocol fee rebates.

Liquidity providers deposit PUGWIF into permissionless Sui-based pools to earn trading fees, while community ambassadors distribute small aliquots to onboard non-crypto users. Speculators accumulate the asset as a directional bet on the growth of the Sui meme economy. The token’s seven active trading pairs—spanning at least one exchange—facilitate constant price discovery for these activities.

PUGWIFHAT has a maximum supply of 1,000,000,000 tokens. Currently, 1,000,000,000 are in circulation. Following the liquidity drain rescue, the deployer’s portion was burned, anchoring the token at its fully diluted, irrevocable supply. With a market capitalization of $56,787.00, PUGWIFHAT ranks #6,816 among all cryptocurrencies.