8132218452#SHIBand DOGE prices react to Elon Musk expressing admiration for Kabosu.

Entrepreneur Elon Musk paid tribute to Kabosu, the Shiba Inu dog behind the Dogecoin meme who passed away earlier today.

The photo posted by the controversial billionaire shows Harambe the gorilla with angel wings holding the legendary dog ​​amidst clouds emitting an ethereal light.

Musk said Doge "went to heaven" so he could be with his "friend" Harambe.

The price of Dogecoin (DOGE) increased more than 4% after Musk posted the image to his profile before paring some of the gains. Meanwhile, rival meme coin Shiba Inu (SHIB) increased by nearly 3%, but the increase was also quite short-lived.

Kabosu passed away at the age of 19 on Friday. Owner Atsuko Sato said the world-famous Shiba Inu "crossed the rainbow" without suffering.

Shortly after being adopted by Sato in 2008, Kabuso became a social media star in 2010 thanks to a photo that inspired the Doge meme.

Memes featuring grammatically incorrect phrases and cute Shiba Inu dogs led to the creation of the cryptocurrency Dogecoin in 2013. The meme coin exploded in popularity in 2021 after being actively promoted by Musk.

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