Kabosu, the prototype of the Dogecoin meme, passed away at 6:50 this morning. The owner Sato Atsuko will hold a farewell party at Kaori Flowers in Kozu-no-Mori, Narita City on the afternoon of the 26th.

Atsuko Sato, the owner of Kabosu, the original Dogecoin, revealed in her blog at 2:44 pm today that Kabosu had passed away at 6:50 this morning. In order to bid farewell to this beloved four-legged friend, a farewell party will be held at Kaori Flowers in Kozu-no-Mori, Narita City, Chiba Prefecture, Japan on the afternoon of the 26th (Sunday).

After the news was exposed, the price of DOGE soared by more than 6% to a maximum of $0.17, but then began to decline, and within 15 minutes after the news was released, it fell by more than 3%, and is now reported at $0.158, down 5.52% in the past 24 hours.

Dogecoin was created as a joke at the end of 2013, when engineers Jackson Palmer and Billy Markus modified the Bitcoin code to create Dogecoin. The inspiration for Dogecoin came from the Japanese Shiba Inu Kabosu.

Kabosu's owner Sato Atsuko often shares photos of Kabosu's daily life on the Internet. In the article "What's for dinner today?" on February 13, 2010, Sato Atsuko shared a photo of Kabosu with his hands folded, smiling proudly, and a humanized expression. Later, this photo became a popular Dogecoin meme.

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