According to CoinDesk, Kabosu, the dog who became the face of Dogecoin and several other meme tokens, passed away on Friday. The dog was over 17 years old at the time of his passing. Kabosu's owner announced the news in a blog post and mentioned that a farewell party would be held for the beloved pet on Sunday, May 26th at Flower Kaori in Kotsu no Mori, Narita City, from 1pm to 4pm.
Kabosu's popularity skyrocketed when his picture went viral and inspired the creation of Dogecoin (DOGE) in 2013. Initially, DOGE was started as a joke currency but it later gained significant success. This success led to the birth of a whole new group of dog-themed tokens such as Shiba Inu (SHIB) and Floki (FLOKI). These tokens have since collectively become one of the biggest sectors in the industry.