Kabosu, the Shiba Inu who basked in attention as the face of the iconic “Doge” meme, inspiring the creation of Dogecoin, has passed away peacefully today at the age of 17.
Her owner, Atsuko Sato, announced the news on her official blog, expressing gratitude for the love and support shown to Kabo-chan over the years. A farewell gathering is being shared for admirers of Kabosu at Flower Kaori in Kotsu no Mori, Narita City, on May 26.
The crypto community and fans of Kabosu have expressed their condolences, sharing tributes and cherished memories of the dog that became an internet legend.
It was in 2010 that Kabosu’s image gained attention. An adopted dog, Kabosu’s skeptical and curious expression as documented by Sato went viral, resulting to the creation of the “Doge” meme. The image, often paired with funny phrases in broken English and the equally irreverent Comic Sans typeface, has become a cornerstone of internet culture.
The popularity of the meme prompted the creation of Dogecoin 2013, a cryptocurrency forked from Litecoin, which itself is a fork of Bitcoin. Both Litecoin and Dogecoin use the Scrypt hashing algorithm for their proof-of-work consensus mechanism, allowing miners to mine both coins simultaneously.
Although, as Jackson Palmer conceived it, Dogecoin was meant to be a “joke” coin, it gained traction and raised funds for charities. In 2021, it reached its all-time high of $0.73 after a pump rally influenced by the r/WallStreetBets community on Reddit.
At the time of writing, Dogecoin (DOGE) has dropped 5% in the past 24 hours, currently trading at $0.15. Kabosu’s influence extends beyond Dogecoin, inspiring a whole category of dog-themed meme coins, including Shiba Inu (SHIB), Floki Inu (FLOKI), and Dogwifhat (WIF).
The broader dog-themed coin market is also reeling from the impact, with CoinGecko’s list of such coins down by an average 5% compared to the previous day. The community appears to be collectively mourning Kabosu’s passing.
Kabosu’s legacy as a symbol of crypto culture and Dogecoin will continue to inspire the crypto community.
Rest in power, Kabo-chan.
Share this article
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
Crypto Briefing may augment articles with AI-generated content created by Crypto Briefing’s own proprietary AI platform. We use AI as a tool to deliver fast, valuable and actionable information without losing the insight – and oversight – of experienced crypto natives. All AI augmented content is carefully reviewed, including for factural accuracy, by our editors and writers, and always draws from multiple primary and secondary sources when available to create our stories and articles.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
Denial of responsibility! Web Times is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – webtimes.uk. The content will be deleted within 24 hours.
