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BlockNews
Home BREAKING NEWS

Shiba Inu Who Inspired the Dogecoin DOGE Meme Passes Away

Matoy by Matoy
May 24, 2024
in BREAKING NEWS, CRYPTO
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  • Kabosu, the Shiba Inu famous for sparking the Doge meme, died of leukaemia and liver disease on May 24.
  • Originating as a joke, Dogecoin became a major cryptocurrency partly due to the meme’s popularity.
  • The image of Kabosu became a valuable NFT and helped raise significant funds for charity.

Kabosu, a Shiba Inu whose humorous online image launched a thousand memes and the Dogecoin cryptocurrency, passed away at the age of 18. Atsuko Sato, Kabosu’s owner, announced that the dog succumbed to leukaemia and liver complications on May 24. Sato, who adopted Kabosu in 2008 from a puppy mill, shared a touching tribute on her blog, describing the serene moments of Kabosu’s last breaths while being gently caressed.

ICYMI: Shiba Inu who inspired the Dogecoin $DOGE memecoin has passed away pic.twitter.com/0NDAOwpWRD

— BlockNews.com (@blocknewsdotcom) May 24, 2024

Kabosu’s journey from a rescue dog to an internet sensation began innocently when Sato, a schoolteacher from Sakura, posted a photo of her dog with crossed paws on her blog. This image resonated deeply on Reddit, sparking a viral meme known for its quirky rendition of internal monologues in fragmented English. The meme not only became a staple in digital culture but also transcended into various commercial and artistic endeavors.

The Rise of Dogecoin

Following its meme fame, Kabosu’s image was transformed into a high-value NFT (Non-Fungible Token), fetching $4 million in a landmark sale. This digital transformation underpinned the creation of Dogecoin, initially conceptualized as a satirical take on cryptocurrency trends by two software engineers. Dogecoin’s value skyrocketed, backed by celebrities and business magnates like Elon Musk, who humorously endorsed it as “the people’s crypto.”

Legacy Beyond Memes

Beyond memes and market speculation, Kabosu and Sato engaged in philanthropy. In collaboration with Own The Doge, a crypto-centric organization, they erected a $100,000 statue in her honor in Sakura and contributed over $1 million to international aid, marking a significant milestone in cryptocurrency donations to non-profits.

Kabosu’s legacy is multifaceted, spanning from internet humor to philanthropic impact, encapsulating the profound influence a single image can wield in the digital age.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: DOGEDogecoin
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Matoy

Matoy

If Matoy is not busy looking at the latest Web3 news, he's always in the kitchen cooking delicious meals for his family. He's also a competitive fighting game player and a car enthusiast

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