đKabosu, the emblematic dog of Dogecoin, dies at 18, announces his owner
Kabosu, the Japanese dog who became a global meme and the face of the cryptocurrency Dogecoin, has died at the age of 18, his owner announced in a blog post Friday. The Japanese Shiba Inu died peacefully in his sleep, wrote his owner, Atsuko Sato.
Kabosu became the emblem of Dogecoin, an alternative cryptocurrency that was initially intended to parody the cryptocurrency frenzy of 2013.
The token rose in value when Tesla CEO Elon Musk, a strong supporter of cryptocurrencies, began tweeting about it in 2020. Since then, the billionaire has promoted the coin several times.
Last year, Dogecoin's market value increased by $4 billion when the billionaire, who bought the social network Twitter in 2022, temporarily replaced Twitter's blue bird logo with an image of Kabosu. Musk then renamed Twitter to X.
With a market capitalization of around $23.6 billion, Dogecoin is now the ninth-largest cryptocurrency, according to data site Coingecko.com.
âThis dogâs impact on the world is immeasurable,â Dogecoin said on social network X on Friday.
