• Billionaire Michael Novogratz regrets not proudly owning meme coin Dogwifat (WIF).
• Novogratz revealed that he fears regulatory scrutiny over his involvement within the Solana memecoin.
• This remark comes as WIF soars 2,552% to a brand new ATH of $4.47.

American billionaire crypto investor Michael Novogratz wittily regrets not proudly owning Dogwifat (WIF), the fast-growing Solana meme coin. expressed. Novogratz made the remarks at a latest convention in Manhattan, as reported in a latest report by Bloomberg.

This convention was about Bitcoin's surge into mainstream investing. However through the summit, attendees had been drawn to not the large cryptocurrency however to a newcomer, WIF, which includes a brand of a canine in a comfy knitted hat.

Amid a debate led by trade luminaries and heads of monetary giants resembling BlackRock, Galaxy Digital CEO Novogratz playfully expressed remorse for not participating with Dogwifat. expressed his ideas.

Novogratz joked, “Even when I needed to, I wouldn't do it,'' drawing laughter from the viewers. Curiously, the billionaire Bitcoin investor revealed that he fears scrutiny from US regulators if he reveals his involvement within the Solana meme coin. In his phrases:

I'm frightened that if I tweeted “God, I really like Dogwit Fats like Arthur Hayes,” I'd be investigated by the CFTC actually two days later.

Notably, Novogratz's feedback come amidst Dogwifat's surprising worth efficiency throughout the previous three months. WIF has risen an astonishing 2,552% from its low of $0.07846 on the finish of final December to its all-time excessive of $4.47 right this moment.

This explosive rise has made Solana memecoin the third most distinguished digital asset within the memecoin house. He overtook PEPE within the rankings, with a niche of greater than $1 billion between the 2. I wish to emphasize that WIF's trajectory is correct behind Shiba Inu and Dogecoin. Nonetheless, its property fall far wanting SHIB's, by a staggering $14 billion.