,🔥Cardano (ADA) founder Charles Hoskinson and Tesla CEO Elon Musk's tweets caused significant price fluctuations in Dogecoin (DOGE).

👇Following the death of Kabosu,

the Shiba Inu dog that inspired the Dogecoin meme,

Hoskinson tweeted a heartfelt message and a GIF saying, “I was your friend and I will always be your friend,” adding, “Doge to Bitcoin.”

💥Kabosu, who became an internet sensation in the early 2010s, inspired Dogecoin's creation in December 2013.

This meme coin became the largest by market cap, spawning numerous other dog-themed cryptocurrencies.Kabosu’s death had a notable impact on Dogecoin's price.

The first spike occurred at 1:40 a.m. when the news broke, and another at 11 a.m. following Elon Musk’s tweet.

Musk shared an image of a Shiba Inu and Harambe gorilla, stating, "OG Doge went to heaven to join his friend," which caused a significant market reaction.

This incident highlights the sensitivity of meme coins to social media and the influence of prominent figures in the cryptocurrency space.