Dogecoin's Famed Mascot Kabosu Dies at 18

Kabosu, the Japanese Shiba Inu who became the face of the popular cryptocurrency Dogecoin, recently passed away at the age of 18. Her owner, Atsuko Sato, announced the news in a heartfelt blog post last Friday.From Meme to MainstreamKabosu became an internet icon as the face of Dogecoin, a cryptocurrency that started as a joke but grew into a major player in the digital currency world. Launched in 2013, Dogecoin was a satirical take on the burgeoning crypto market, but it gained real traction and value when Tesla CEO Elon Musk began tweeting about it in 2020. Musk's tweets brought significant attention and investment to the coin, propelling it into the mainstream. Dogecoin's journey from a joke to a significant cryptocurrency was heavily influenced by Kabosu's image. Her face, captured in a photo by her owner, became a meme that symbolized the light-hearted and accessible nature of Dogecoin, Reuters reported.Elon Musk, known for his interest in cryptocurrencies, played an important role in the rise of Dogecoin. His tweets in 2020 and beyond frequently mentioned Dogecoin, causing its value to skyrocket. This endorsement brought in a wave of new investors and boosted the price of Dogecoin.Role in the Rise of DogecoinKabosu's impact went beyond memes and cryptocurrencies. She became a symbol of the internet's ability to transform ordinary moments into global movements. According to a BBC post, Kabosu was suffering from leukemia and liver disease. This article was written by Jared Kirui at www.financemagnates.com.