Kabosu, the Japanese dog who became famous for being the face of a digital money called Dogecoin, has passed away. Her owner shared this sad news in a blog post on Friday.
The Japanese Shiba Inu peacefully died in her sleep, according to her owner Atsuko Sato.
Kabosu became well-known as the face of Dogecoin, a digital money that started as a joke when lots of people were excited about digital money.
Dogecoin became much more valuable after Elon Musk, who owns Tesla, started talking about it on Twitter in 2020. Since then, Musk has talked about the digital money many times.
Last year, Dogecoin’s value went up by $4 billion when Musk, who got Twitter in 2022, put a picture of Kabosu on Twitter for a little while. He changed Twitter’s logo later.
According to a website called Coingecko.com, Dogecoin is now worth about $23.6 billion, making it one of the biggest digital money.
On Friday, Dogecoin said on a website, “The effect this one dog has had all over the world cannot be measured.”
The Surprising Legacy of a Meme Currency Kabosu
Dogecoin is a digital money made in 2013 by two computer engineers, Billy Markus and Jackson Palmer. They made it as a joke and didn’t think it would be so famous.
They wanted to laugh about cryptocurrencies that were popular then. Even though it started as a joke, some people like it and think it’s a good way to invest.
The money uses the Shiba Inu dog from the “doge” picture as its logo and name.
Dogecoin got a community online fast. At one time, it was worth more than $85 billion.
Its price went up and down. It was worth a lot in early 2018. It went up again in 2020 because of a TikTok trend.
In 2021, Dogecoin got a lot of attention. Elon Musk, the richest man in the world, said he liked it.
The dog is now the face of Dogecoin. It started as a joke. Now it’s connected to Watford Football Club.
The picture sold in 2021. It sold for $4 million as a non-fungible token (NFT).
To read our blog on “Dogecoin falls 6.5% after the Twitter logo emerges,” click here
