Kabosu, the face of cryptocurrency Dogecoin, dies at 18, owner says


FILE PHOTO: A representation of cryptocurrency Dogecoin is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

WASHINGTON (Reuters) - Kabosu, the Japanese dog that became a global meme and the face of alternative cryptocurrency Dogecoin has died at 18, her owner announced in a blog post on Friday.

The Japanese Shiba Inu passed away while sleeping, her owner Atsuko Sato wrote.

Kabosu became recognizable as the face of Dogecoin, an alternative cryptocurrency that began as a satirical critique of the 2013 crypto frenzy.

But the token jumped in value after Tesla boss Elon Musk, a proponent of cryptocurrencies, began tweeting about it in 2020. Since then the billionaire has repeatedly promoted the coin.

Dogecoin added as much as $4 billion to its market value last year when the billionaire, who bought social media site Twitter in 2022, briefly replaced Twitter's blue bird logo with an image of Kabosu. Musk subsequently renamed Twitter X.

With a market capitalization of around $23.6 billion, Dogecoin is now the ninth biggest cryptocurrency, according to data site Coingecko.com.

“The impact this one dog has made across the world is immeasurable,” Dogecoin posted on social media site X on Friday.

(Reporting by Michelle Price; Editing by Tomasz Janowski)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Users will have control over generative AI in Windows
Will your device support Apple Intelligence?
Gamers really are better drivers, a new survey reveals
From schoolwork to relationship advice: why might young people use an AI chatbot?
OpenAI CEO says company could become benefit corporation- The Information
Google loses bid to end US antitrust case over digital advertising
Apple, Meta set to face EU charges under landmark tech rules, sources say
New York recovers $50 million for defrauded Gemini Earn crypto investors
Tempus AI shares jump 8% in strong Nasdaq debut as US IPO market thaws
Meta pauses AI models launch in Europe due to Irish request

Others Also Read