Crossed front legs, a cute tilted face, and a pair of determined eyes... This is the emoticon star "Doge" that has been popular around the world for more than a decade. On May 24, the prototype of the celebrity dog "Doge", the Shiba Inu Kabosu - 19-year-old Shiba Inu Kabosu left the world while being caressed by his owner.
For many cryptocurrency enthusiasts, the name "Kabosu" may not be familiar, but Dogecoin must have appeared in their crypto wallets to a greater or lesser extent.
In addition to the world of cryptocurrency, Doge has long been a legendary internet celebrity dog.
The birth of Doge
On November 2, 2005, Kabosu was born in a purebred dog breeding factory in Japan. However, soon after she was born, the factory closed down. Kabosu and other "dog friends" were sent to various animal shelters, and Kabosu became a veritable stray puppy. The volunteers there saw her round face, which was as cute as a fruit, so they named her Kabosu (かぼす), which means "Kabosu orange" in Japanese.
One day in 2008, kindergarten teacher Atsuko Sato saw Kabosu and decided to take her home. It was this encounter that changed the lives of both of them and the fate of many people in the world.
After Atsuko Sato adopted Kabosu, she loved him very much and found two cats as companions for him: one was named Ginkgo and the other was named Dujuan.
Atsuko found that Kabosu liked the camera very much, so she started to use the camera to record every detail of her life with Kabosu. Later, the owner even opened a blog for them called "Walking with Kabosu-chan".
Because of his cute looks and naughty expressions, Kabosu has become an internet celebrity with many fans.
A photo taken on February 13, 2010, also made Kabosu famous all over the Internet: with his paws crossed, his head slightly tilted to look at the camera, a smile on the corner of his mouth but a slightly sarcastic expression made people laugh. In fact, this did not cause any waves at the time, but what Atsuko could not have imagined was that three years later, this photo unexpectedly became popular.
After seeing Kabosu's photo, an enthusiastic netizen on Reddit made a spoof of it into an emoticon package. However, when it was accompanied by words such as "Wow" and "What are you doing", the magic of Kabosu's photo instantly doubled, making people unforgettable. Subsequently, the photo quickly became popular in the Internet circles such as Reddit and Tumblr in the United States, and eventually appeared in the "Confessions of Shiba Inu" blog. "Shiba Inu Jokes" (called DogeMEME) began to become popular on a large scale through social networking tools such as Facebook and Tumblr, and the search rate on major search engines in Europe and the United States has exploded, and it has also spread explosively on Weibo in China.
As this photo spread on the global Internet, the Doge image of Shiba Inu Kabosu impressed netizens around the world. Not only was it active on the entire Internet, it also became the logo of Dogecoin and triggered a crypto MEME worth over US$70 billion.
The Origin of MEMECION——Dogecoin
In December 2013, American programmer Billy Markus and Australian marketer Jackson Palmer created the cryptocurrency "Dogecoin" in imitation of Bitcoin, and used Kabosu's portrait as its logo.
In fact, at the beginning, Dogecoin was only used to satirize the current hype and prosperity of Bitcoin, but with the arrival of the violent bull market in 2021, the value of Dogecoin also rose to its peak at this time - one Dogecoin is worth US$0.7316. After Dogecoin became popular, it began to become a popular reward tip on foreign social networks. Even Musk announced on April Fools' Day that he would take Dogecoin to the moon, and said that he was the "father of Dogecoin" when he participated in the show. These operations continued to heat up the hype of Dogecoin and led Dogecoin to soar into the sky.
According to Coingecko data, Dogecoin's market value once reached 75 billion US dollars during the bull market in 2021, ranking among the top three cryptocurrencies by market value. With the magical emojis, Dogecoin successfully led the cryptocurrency out of the circle and ushered in the zoo MEME craze in the crypto world. Many animal coins were born, including Shiba, Floki, etc. Among them, the market value of Shiba Coin increased 700,000 times in 2021.
MEME culture begins to become the top cryptocurrency
Since the explosion of Dogecoin, MEMECOIN has become a channel connecting the Internet and the crypto world with its simple connotation and extremely viral replication and spread. It has gradually become a representative of the spirit of retail investors, while low market value and high multiple increases have become the common expectations and wishes of crypto investors.
Over the past 10 years, MEME has been deeply intertwined with crypto culture. With the development of the crypto market, the MEME family has spawned MEME coins from different fields, such as the ERC-20 token (PEPE) centered around Pepe The Frog and people, the auction product of ConstitutionDAO.
The market value of MEMECOIN (DEGEN) launched on the decentralized social network Farcaster once reached US$700 million, exceeding Farcaster’s own valuation. Recently, people has also begun to revive, with a 150% increase in half a month.
Doge is gone, but MEMECOIN will live forever. Many cryptocurrency celebrities, including Vitalik Buterin, expressed their condolences for the death of DOGE prototype KABOSU.
Vitalik Buterin posted a message saying "Rest in peace Kabochan", and "doge emoji Shiba Inu died" also ranked sixth on Baidu's hot search list. From the crypto community to the Internet, DOGE not only represents a certain coin or an emoji, but more of a cultural symbol, a piece of our Internet memory.
During this period of time, I have played a lot of memes. I think most people can’t catch this kind of 100x meme, except for professional players.
So how can we hit the same highs and lows as these professional players? The best way is to buy and sell with these professional players! Break the information barrier of screening projects and break the technical barrier of speed.
As an investor who has been working in the cryptocurrency world for many years, I am happy to share my experience and insights with you. If you are interested in the cryptocurrency world but don’t know how to get started, you may want to follow my official account. We can explore the mysteries of the cryptocurrency world and future possibilities together. I look forward to communicating with you!
