Why is dogwifhat so high?

I've been hearing a lot about dogwifhat recently, and its price seems to be skyrocketing. But why is it so high? Could you please explain what's driving its value up? Is it just a fad or does it have solid fundamentals? I'm really curious to know if investing in dogwifhat is a wise decision, or if it's just another bubble waiting to burst. Could you shine some light on this for me? It would be great if you could break it down in a way that even a layman like me can understand.