Ever heard of a dog coin that runs on Bitcoin? Meet Welshcorgicoin (WELSH) - not just another meme coin, but the first one built directly on Bitcoin using the Stacks blockchain. It’s not trying to replace Bitcoin. It’s not even trying to be useful. It’s a digital corgi with a mission: to be the mascot of the Stacks ecosystem. And yes, it’s real. People are buying it. Some made money. Most didn’t.
What Exactly Is Welshcorgicoin?
Welshcorgicoin (WELSH) is a memecoin that launched in 2021 but didn’t gain traction until 2023, when its community revived it as a fun, grassroots project tied to the Stacks network. Unlike Dogecoin or Shiba Inu, which run on Ethereum or their own chains, WELSH lives on Stacks - a layer-1 blockchain that connects to Bitcoin. That means it uses Bitcoin’s security, but adds smart contracts. Think of it like a meme riding on Bitcoin’s back, wearing a tiny Welsh corgi hat.
The project’s whole vibe is community-driven. No big team. No VC funding. Just people who like corgis and Bitcoin jokes. The coin’s official goal? To become the ambassador of the Stacks ecosystem. That’s it. No DeFi, no NFTs, no utility beyond speculation and inside jokes.
How Many WELSH Coins Are There?
There are exactly 10 billion WELSH tokens in existence. And all of them are already in circulation. No more will ever be created. No tokens were burned. That’s unusual. Most coins have a portion locked up for future releases or team allocations. WELSH didn’t. Everyone who wanted to buy it could, and they did - early on.
That fixed supply sounds good, right? But here’s the catch: with 10 billion tokens out there, each one is worth almost nothing. As of November 2025, one WELSH token is worth between $0.00007 and $0.00044, depending on the exchange. To own $10 worth of WELSH, you’d need to hold between 227,000 and 142,857,000 tokens. That’s not practical. It’s not even convenient. It’s just messy.
Where Can You Buy Welshcorgicoin?
You won’t find WELSH on Coinbase or Binance. It’s not listed on the big exchanges. You’ll need to use smaller platforms like LBank, KuCoin, or OTC desks that support Stacks-based tokens. Even then, liquidity is thin. The 24-hour trading volume hovers around $100,000 - tiny compared to Dogecoin’s $300 million.
To buy WELSH, you need a Stacks-compatible wallet like Hiro Wallet. You can’t just send Bitcoin to a WELSH address. You have to go through Stacks’ infrastructure. That’s a barrier for most Bitcoin-only users. If you don’t know what a smart contract is, you’re already behind.
What’s the Price History Like?
WELSH hit its all-time high on March 4, 2024 - $0.0155. That was the peak. The hype was real. People were buying it like it was the next Dogecoin. Then came the crash.
As of November 2025, the price is down more than 97% from that high. Some exchanges show a 7% dip in the last 24 hours. Others show a 12% gain. The data doesn’t agree because there’s no central market. Prices vary wildly across platforms. That’s a red flag. It means the market is fragmented, shallow, and easy to manipulate.
Market cap? Around $770,000 to $4.4 million, depending on who’s counting. That’s less than the price of a single NFT from a popular collection. It’s not even a blip on the global crypto market, which is worth over $2.5 trillion.
Why Does WELSH Even Exist?
It exists because Bitcoin can’t do smart contracts on its own. Stacks fixed that. And someone thought: what if we made a meme coin on Stacks? Why a corgi? Because it’s cute. Because it’s British. Because it’s silly. That’s the whole point.
There’s no white paper explaining how WELSH will revolutionize finance. There’s no roadmap with milestones. The only document anyone references is a community-written analysis called “The Remarkable Revival of Welsh,” which talks about how a small group of people kept the project alive after it died in 2022. That’s the story. Not a tech breakthrough. Not a business model. Just persistence.
Is Welshcorgicoin a Good Investment?
No. Not if you’re looking for returns. Not if you’re looking for safety. Not if you’re looking for anything beyond entertainment.
Here’s the truth: WELSH is a gamble dressed as a meme. Early buyers who got in before March 2024 made a killing. Most people who bought after that are underwater. The token’s value is entirely driven by hype, Twitter trends, and Telegram group chats. There’s no underlying technology, revenue, or adoption outside crypto circles.
And here’s the real problem: the price is so low that transaction fees eat up your gains. If you want to send 1 million WELSH, you’ll pay more in network fees than the tokens are worth. That’s not a bug - it’s a dealbreaker.
Even the community admits it. Reviews on CoinMarketCap give it a 3.3 out of 5. The comments say things like: “Love the corgi,” “Too hard to track,” “Wouldn’t buy again.”
Who Should Avoid Welshcorgicoin?
If you’re new to crypto - avoid it.
If you’re looking for long-term value - avoid it.
If you don’t understand how Stacks works - avoid it.
If you’re risk-averse - avoid it.
WELSH isn’t a store of value. It’s not a payment tool. It’s not even a serious project. It’s a digital inside joke with a price tag. And like all inside jokes, it only works if you’re in on it.
Who Might Find It Interesting?
If you’re a Bitcoin maximalist who wants to dabble in memecoins without leaving the Bitcoin ecosystem - WELSH is one of the few options.
If you enjoy participating in crypto communities and don’t mind losing a few dollars on a silly token - go ahead. Buy a few million. Laugh at the chart. Post a corgi pic on X.
If you’re into niche crypto experiments that have zero chance of mainstream success - WELSH is a fascinating case study. It proves you don’t need utility to create a market. Just passion, a cute logo, and a stubborn group of believers.
Final Thoughts
Welshcorgicoin isn’t crypto innovation. It’s crypto theater. It’s not going to make you rich. It’s not going to change the world. But it’s real. It’s alive. And it’s a perfect example of how far meme culture has taken cryptocurrency.
It’s the digital equivalent of buying a T-shirt with a corgi on it that says “I Support Stacks.” Only this shirt costs money, fluctuates in value, and can disappear tomorrow if the community loses interest.
So is WELSH worth your time? Only if you’re not investing - you’re participating. Buy it for fun. Not for profit. And never more than you’re willing to lose.
Is Welshcorgicoin (WELSH) built on Bitcoin?
Yes, but indirectly. Welshcorgicoin runs on the Stacks blockchain, which is a layer-1 network that connects to Bitcoin. Stacks enables smart contracts using Bitcoin’s security, so WELSH inherits Bitcoin’s reliability without being a native Bitcoin token. It’s not on Bitcoin’s main chain - it’s on a sidechain built to work with it.
Can I buy Welshcorgicoin on Coinbase or Binance?
No, not directly. WELSH is not listed on major exchanges like Coinbase or Binance. You can trade it on smaller platforms like LBank, KuCoin, or through OTC services that support Stacks-based tokens. Always double-check the exchange before sending funds.
Why is the price of WELSH so low?
Because there are 10 billion tokens in circulation. When you spread that value across so many units, each one becomes worth fractions of a cent. A high supply with no burning or scarcity mechanism keeps the price low. It’s not a flaw - it’s by design.
Is Welshcorgicoin a scam?
It’s not a scam in the traditional sense - there’s no evidence of fraud or stolen funds. The project is open, transparent, and community-run. But it’s also not a serious investment. It’s a meme with no utility. Many people lose money holding it because they mistake hype for value. Treat it like a lottery ticket, not a stock.
What’s the future of Welshcorgicoin?
Its future depends entirely on the Stacks ecosystem. If Stacks grows, WELSH might gain more attention. If the community stays active, it could survive as a cultural artifact of crypto meme history. But without real adoption, new features, or exchange listings, it’s likely to remain a niche curiosity with wild price swings and low liquidity.