Inspired by the movie ‘The Goonies’ and their own adventure quests, a group of treasure hunters, #KWIF , have discovered a blockchain treasure called Kitten Wif Hat. What do you make of this? Tune in for an exciting, still-evolving story from Pedro Garcia, crypto analyst for DYOR Media.

Crypto Treasure Hunters Uncover Secret Pump.fun Memecoin Crypto Twitter is made up of many smaller communities. One trait that successful communities share is a work ethic. Their members are constantly working in the field. Whether it’s talking about developers creating better technology, traders fighting for their turn, or marketers spreading their message, they’re all working hard to monitor the entire space.

This is certainly true for a group that seeks hidden value in blockchain, as well as a group that searches for historical targets with metal detectors and historical research. I spoke to an avid blockchain detective named Vibes, who said, “I love treasure hunting and puzzles. Breadcrumbs, step by step, working toward a new goal.” His dedication was evident. In our opinion, he hadn’t slept for over 60 hours since discovering KWIF and was still energetic.

Shogun, a self-confessed Ligma chad who was an early participant in the WYAC and GOAT memecoin phenomena (both memes are worth their own articles), told me how they discovered KWIF. They accidentally found deposits on the Solana blockchain. By their definition, it is a valuable digital artifact that has a basis, such as being the first instance of a coin contract, or an NFT that originated from an address that produced more famous artifacts later on. Shogun and others stumbled upon KWIF, saving fuel on Solana.

Before we continue, there is a significant deviation from the story – Pump.fun. For those unfamiliar with the crypto phenomenon, Pump.fun is a crypto platform that launched in January 2024, allowing users to quickly create and trade memecoins. As of October 2024, Pump.fun has facilitated the launch of over 2.5 million memecoins, most of which have been zeroed out. Notable memecoins from Pump.fun include Michi (MICHI) and Mother (MOTHER).

Back to the story. Shogun and his quantum group members found a collection of five transactions hidden on Pump.fun. By hidden, I mean they are not searchable through the Pump.fun interface, but they can be found on the blockchain by those who know how to find them. These five transactions only occurred during the time Pump.fun was live and not publicly released. They were likely test transactions to test the operation of Pump.fun’s deletion.

The first transaction was a test buy and sell. The second was a picture of a penis, presumably uploaded to test nudity. The third was a burger and fries check, and the fourth was a “hello world” check. The fifth transaction was KWIF, Kitten Wif Hat with the symbol KWIF and the image below: KWIF can be classified as a valuable digital asset with blockchain origin and a valuable object, as it remains the first meme in circulation on Pump.fun, it was also published by Alon, one of the founders of Pump.fun. KWIF was published by one of Alon’s verified funds.

Shogun emphasized to me that this “did not take over a distribution”. This means that since they published KWIF, they had no official control over it, but they supported and promoted Kitten Wif Hat with the belief and enthusiasm that a dormant coin was issued. Shogun, Vibes and many others have a cult-like devotion to KWIF. There is a lot of meme value there too.

https://kwif.net

https://x.com/Kwif_on_sol

https://t.me/kwifportal

#SOL #memecoins #binance #WIF