Breaking Crypto News – How Does Kabosu’s Death and Elon Musk’s Tweet Impact Dogecoin Price Movements ?
Breaking Crypto News – After its inspiration passed away, Dogecoin saw a few short-lived surges in value. Around 1:40 a.m. ET, news broke of the death of the famous dog, causing the initial price surge.
Today, Kabosu, our community’s shared friend and inspiration, peacefully passed, in the arms of her person. The impact this one dog has made across the world is immeasurable.
Dogecoin’s official X account
DOGE Rises Again With Musk’s Tweet
The second rise happened at approximately 11 a.m. ET, when the most prominent memecoin supporter tweeted about Kabosu’s demise. The CEO of SpaceX, X, and Tesla, Elon Musk, posted a picture of a gorilla joining the Shiba meme.
OG Doge has ascended to heaven to be with his friend Harambe,
Musk
As of the time of posting, DOGE is trading at about $0.166, up 4.70% from the previous day, according to CoinMarketCap. Approximately $2.8 billion worth of doge has been traded during that time.
FAQ
Why Did Kabosu Die?
The famous dog had experienced health problems recently. Kabosu was diagnosed with acute cholangiohepatitis, an inflammatory liver disease, and chronic lymphoma leukemia, a blood cancer, according to Atsuko Sato in 2022. Although no clear reason has yet been given, it is likely that Kabosu passed away both because she was 18 years old and because of her illness.
Which is the Biggest Meme Coin by Market Cap?
Currently, the largest meme coin by market capitalization is Dogecoin, as it has been for some time.
When was DOGE Created?
Dogecoin was founded in December 2013 as a result of the Shiba Inu-based meme that gained popularity in the early 2010s. Many more well-known dog-themed meme coins have been influenced by DOGE.
Who is Harambe?
A small child who was visiting the Cincinnati Zoo in May 2016 crawled under a fence and entered the outdoor gorilla area, where Harambe forcefully dragged him. The 17-year-old gorilla was shot and killed by a zoo employee, sparking a wave of memes and tributes on the internet.
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