What Is Kabosu? KABOSU Coin Price Prediction
Do you remember that enchanting Shiba Inu with its front paws crossed and a sidelong glance? On May 24, 2024, Kabosu, the Shiba Inu who inspired the globally popular meme star “Doge,” peacefully passed away at the age of 18, under the gentle touch of its owner Atsuko Sato.
The passing of Kabosu not only mourned by netizens around the world, but also brought back into focus the crypto assets represented by it. From internet memes to the $75 billion Dogecoin, and now to the highly regarded KABOSU Token, this Shiba Inu has become a unique symbol connecting internet culture and the crypto world.
The Global Legend of Stray Dogs
On November 2, 2005, Kabosu was born in a purebred dog breeding factory in Japan. After the factory closed, it was sent to an animal shelter and became a stray puppy. In 2008, kindergarten teacher Atsuko Sato adopted it and named it Kabosu (meaning “Kabosu Orange” in Japanese) because its round face was as cute as a fruit.
On February 13, 2010, Sato uploaded a photo that changed history on her blog “Walking with Kabosu-chan”: Kabosu crossed its paws, tilted its head slightly towards the camera, with a smile that was both cheerful and slightly sarcastic. This photo quickly went viral on social networks after Reddit users paired it with text such as “Wow” and “What are you doing” to create memes, leading to the birth of the “Shiba Inu meme” (DogeMEME).
From Internet Meme to Crypto Pioneer
In December 2013, programmer Billy Markus and marketing expert Jackson Palmer created the cryptocurrency “Dogecoin” with a satirical attitude towards the hype surrounding Bitcoin, directly using the image of Kabosu as its logo.
No one expected this joke-like project to make history. During the bull market in 2021, the market capitalization of Dogecoin once soared to 75 billion dollars, rising to the top three in cryptocurrency market value. Elon Musk publicly supported Dogecoin multiple times, claiming he would “take Dogecoin to the moon,” and dubbed himself the “Father of Dogecoin,” driving its price up dramatically.
The success of Dogecoin has given rise to the “Zoo MEME craze” in the crypto world, with various animal coins such as SHIB and FLOKI emerging one after another. Among them, Shiba Inu’s market value once skyrocketed 700,000 times in 2021, creating countless myths of getting rich.
The Legend Ends and Culture Lives On
At the end of 2022, 17-year-old Kabosu was diagnosed with leukemia and liver disease. On May 24, 2024, it passed away peacefully in its owner’s embrace. Atsuko Sato wrote on her blog, “To all the long-time fans of Kabosu, thank you so very much. I believe Kabosu was the happiest dog in the world, and I am the happiest owner.”
The passing of Kabosu has triggered global mourning. Ethereum founder Vitalik Buterin posted “Rest in peace, Kabochan,” and the phrase “Doge meme Shiba Inu passes away” climbed to sixth place on Baidu’s trending searches. Prior to this, another famous meme dog, “Cheems” (Bobo), passed away in August 2023. The departure of these two internet sensation meme dogs marks the end of an era.
The image of Kabosu was sold as an NFT digital artwork for a high price of 4 million dollars, and its cultural value far exceeds that of the cryptocurrency field.
KABOSU Token Status and Price Prediction
After Kabosu passed away, a token named KABOSU emerged in the market. According to the latest data, the current price of KABOSU is approximately 0.000000003467 USD, down 1.17% in the past 24 hours. The historical all-time high price of KABOSU token was 0.00002021 USD, and the current price has dropped 99.99% from that peak, resulting in an ROI of -99.99%. The total market cap is about 127 USD, with a 24-hour trading volume of only 0.04 USD.
As for the future price of KABOSU token, market prediction data is still unclear. The prediction page on Gate.com shows “Data not available,” indicating that professional institutions are cautious about its prospects. Analysts point out that the value of MEME coins heavily relies on community consensus and market sentiment, lacking fundamental support and posing extremely high volatility risk.
The Risks and Opportunities of MEME Coin
The MEME coin culture led by Kabosu has become an undeniable force in the crypto space. Over the past decade, MEME has been deeply intertwined with crypto culture, giving rise to diverse MEME projects such as the PEPE coin around Pepe The Frog and the PEOPLE coin of ConstitutionDAO.
However, the current state of the KABOSU Token reveals the harsh reality of the MEME coin market: projects lacking practical applications, with insufficient liquidity, and highly reliant on speculation are difficult to sustain. Investors need to be cautious, as even tokens directly related to Kabosu cannot compare in value to mature MEME coins like Dogecoin. Although Kabosu is gone, its image continues to flicker in every corner of the internet. From emoticons in chat windows to market charts on cryptocurrency exchanges, this Shiba Inu has completed its transformation from a stray dog to a cultural symbol.
When the market is hotly discussed DOGE price When it reaches 1 dollar, as the KABOSU Token fluctuates in the market, we should remember: the true legend is not the price curve, but a Shiba Inu named Kabosu, which has brought countless joyful moments to the world and unexpectedly rewritten crypto history. While MEME coins may be volatile, the spirit of the internet culture represented by Kabosu has left an eternal mark in the digital world.
