Dogecoin's logo, Kaboz Shiba Inu, is gone


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Kabosu, the lovable Shiba Inu who inspired the creation of Dogecoin and a wave of other meme tokens, passed away peacefully on May 24 at the age of 17. Her owner, Atsuko Sato, shared the news in a heartfelt blog post, expressing gratitude for the immense love and joy Kabosu brought to her and countless others around the world.
Farewell to a Crypto Icon
Kaboose Shiba Inu’s fame began with a viral photo in 2010, where she captured the hearts of the internet with her expressive eyes and tilted head. As a result, this iconic image inspired the creation of Dogecoin in 2013, which was initially conceived as a lighthearted joke currency. However, Dogecoin quickly gained widespread attention, spawning an entire category of dog-themed tokens, such as SHIB and FLOKI. Together, these tokens now represent a significant segment in the cryptocurrency industry.
Sato announced on her blog that she will hold a farewell party for Kabe Shiba Inu at Hananoka in Narita City's Kotsu-no-Mori from 1 to 4 p.m. on Sunday, May 26. She invites those who wish to pay their respects to attend the event and share their memories of Kabe Shiba Inu.
Kaboose Shiba's influence transcends the world of cryptocurrency, becoming a symbol of internet culture and the magic of memes. Her image, often paired with humorous and endearing phrases, resonates with millions of people, making her a beloved figure. In addition, the Dogecoin community, characterized by its charitable donations and fun-loving nature, has adopted Kaboose Shiba as its mascot, helping to boost the currency's popularity.
Meme Token Market Slides Amid Mourning of Kaboz Shiba Inu
News of Kaboos Shiba Inu’s death coincides with a recent decline in the meme token market. Data from CoinMarketCap shows a drop in trading volume in the space, with Dogecoin, Shiba Inu, and Pepe also seeing notable declines. As of today, meme tokens represent a significant sector with a total market cap of approximately $57.3 billion and a 24-hour trading volume of approximately $12.9 billion.


Meme token market performance. Source:
CoinMarkertCap
Dogecoin (DOGE) has lost 3.81% in the past week. Meanwhile, Shiba Inu (SHIB) has also experienced a drop of 3.33% in the same period. The latest popular meme token Pepe (PEPE) has seen the most significant depreciation, with its value dropping by 38.74%.
The news of Kabus Shiba Inu's death has caused widespread reaction. Unseen Japan posted on X: "Kabus Shiba Inu, a female Shiba Inu known as Dogememme's dog, has passed away at the age of 18." Pop Base also expressed their condolences, saying: "Kabus Shiba Inu, the Dogememme's dog, has unfortunately passed away." The sincere messages from the community reflect the impact Kabus Shiba Inu had on people all over the world.
Kabe Shiba Inu's farewell party is scheduled to be held on May 26 at Hananosaka in Kotsu-no-Mori, Narita City. The event will last from 1pm to 4pm. Participants are advised to park in nearby parking lots as on-site parking is not available. The owner plans to hold another celebration at Sakura Furirouba when the weather turns cooler.