Charles Hoskinson and Elon Musk's Dogecoin Tweets Created Mobility in the Market
Cardano founder Charles Hoskinson shared an emotional tweet to commemorate the death of his Shiba Inu dog, Kabosu, who was the inspiration for Dogecoin (DOGE). Hoskinson expressed his condolences with a GIF saying “I was your friend and I will always be your friend” and the message “Doge to Bitcoin”. This post had a wide impact in the crypto community.
Kabosu became an internet sensation in 2013, inspiring the creation of Dogecoin. While Dogecoin became the largest meme coin in terms of market value, Kabosu's iconic image brought joy to many people. The news of Kabosu's death caused fluctuations in the Dogecoin price; The price increased again in the early hours of the morning and after Elon Musk tweeted about the issue.
Tesla and SpaceX CEO Elon Musk shared a tweet featuring a Shiba Inu and Harambe gorilla to commemorate Kabosu and said, "OG Doge has gone to join his friend in heaven." This tweet created great activity in the Dogecoin market, once again showing the strong influence of social media and influencers on the cryptocurrency market.
