The world of internet culture and cryptocurrency is mourning the loss of Kabosu, the famous Japanese Shiba Inu dog who served as the primary inspiration for the iconic “doge” meme and lent her likeness to the popular cryptocurrency Dogecoin. Kabosu’s owner, Atsuko Sato, announced the news of her passing via Instagram.
Kabosu, who was adopted by Sato from a dog shelter in 2008, rose to fame after a photo capturing her with a whimsical smirk and crossed paws went viral on Reddit and Tumblr for its overwhelming cuteness. The image, often accompanied by captions in broken English and Comic Sans font, sparked the “doge” meme trend, which eventually led to Kabosu becoming the official mascot of Dogecoin, a cryptocurrency initially created as a joke but later gained substantial popularity.
The news of Kabosu’s passing had a minor impact on Dogecoin’s price, with a 1.2% decline on Friday. However, the cryptocurrency managed to maintain its 6% gains from the week.
Sato shared her grief over Kabosu’s death, describing her passing as peaceful, as the beloved dog seemed to drift off to sleep while being caressed. In tribute to Kabosu, Sato posted a heartfelt poem on her blog and Instagram on May 24, expressing her deep sorrow and love for her departed pet.
To honor Kabosu’s memory, Sato announced plans for a farewell party on May 26 at Flower Kaori in Kotsu no Mori, Narita City. Additionally, she intends to host a more celebratory event at Sakura Furusato Hiroba later in the year, once summer has passed.
Kabosu’s legacy extends beyond meme culture; she is credited with inspiring the success of Dogecoin and influencing the creation of other dog-themed cryptocurrencies such as Shiba Inu (SHIB) and FLOKI. Her impact on the crypto industry is profound and enduring.
As per Coindesk, the price of Dogecoin fell from $0.16165, the 61.8% Fibonacci retracement level, following Kabosu’s demise. Analysts suggest potential support levels at the May 20 low of $0.14740 and the May 1 low of $0.12010 if further declines occur.
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