🐶🚀 Dogecoin (DOGE) and Shiba Inu (SHIB) had a brief price surge after Elon Musk's tweet about the death of Kabosu, the dog that inspired these meme coins. DOGE rose 5% to 17.3 cents, while SHIB jumped 3%. Although these gains were short-lived, DOGE was still up 6% and SHIB 1% in the last 24 hours, outperforming the mostly flat CoinDesk 20 index.

This highlights Musk's influence on memecoins, leading to speculation about his possible involvement with DOGE and its possible integration into an X payment system.

Kabosu, the face of DOGE and other meme tokens, was over 17 years old. Let's honor his legacy in the comments below!#RIPKabosu🌈