The owner of Kabosu, the inspiration behind Dogecoin, recently created excitement in the memecoin world by announcing that he adopted a new dog.
Kabosu, the Shiba Inu dog who played an important role in the creation of Dogecoin, passed away in May. This event caused great volatility in DOGE and created sadness among Dogecoin investors. Recently, Kabosu's owner announced that he adopted a new dog. Hundreds of memecoins were produced for this dog, whose name is Neiro. However, it has not yet been determined which memecoin actually belongs to Neiro.
Neiro's owner stated on Twitter that he "does not support any crypto projects other than OwnTheDoge because they have the original DOGE photo and contract address." OwnTheDoge is a project that takes apart the original Doge photo and turns it into a coin called DOG.
Despite this uncertainty, many Neiro tokens have been launched in the Solana ecosystem. One of them reached a market cap of $89 million in just three hours. However, as the token's value increased on Saturday, some crypto investors claimed that this token was not the real Neiro token. They thought that another token that had a market cap of close to $90 million and was launched an hour ago was the real Neiro.
Ansem, one of the popular traders of the Solana ecosystem, showed great interest in Neiro, described as the new DOGE, on Twitter. Ansem, who has approximately 500,000 followers, has created significant volatility not only in the original Neiro but also in similar projects.
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