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- 1 Kasobu, the inspiration and the face of popular memecoins, Dogecoin and Shiba Inu, died in the early morning of May 24.
- 2 The owner has expressed her grief through a poem and organized a farewell event on Sunday afternoon.
- 3 After the death of Kasobu, DOGE and SHIB both experienced a downfall in the price.
The Dogecoin X account shared a post to announce the death of Kasobu, a dog who represented the faces of DOGE and SHIB. Kasobu had made a significant impact on the cryptocurrency industry throughout it’s living and will continue to do so even after death.
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 (@dogecoin) May 24, 2024
She was a being who knew only happiness and limitless love.
Please keep her spirit and her family in…
She was always known for her liveliness, happiness and limitless love. It is important to remember her always to support the continuous growth of meme coins based on her.
Owner of Kasobu Expressed Deep Grief
The owner of Kasobu wrote a heart-felt poem in her native language, Japanese to express her sorrow and grief on the death of her beloved dog “Kasobu.”
In the poem, she expressed that yesterday was a normal day, Kasobu had the usual dinner, followed her routine of sleeping next to her. But then on a beautiful morning, when birds were singing she passed away quietly at the age of 18.
Source: Kabochan.blog
The owner shared her image with her poem.
In her 18 years of living, she has always been loving and the owner thanked her for being there for her. The owner always considered her a person rather than a dog. The owner still considers her living, smiling and wagging her tail.
At the end of the poem, she asks Kasobu to stay close to them and always be with them.
Farewell to Kasobu
The owner has organized a farewell party on Sunday, May 26, afternoon to relieve all the happy memories. The event will be held at Flower Kaori in Kotsu no Mori, Narita City.
Impact on Doge Coin and Shiba Inu
In the first half of the day, after the death revelation of Kasobu, DOGE experienced a decline of around 1% but in the second half of the day, it recovered to some extent.
At press time, DOGE was trading at $0.15918, 0.28% lower than the previous day. The DOGE is expected to continue to trend lower.
SHIB also experienced a decline in prices after the death of Kasobu. At press time, SHIB was trading at $0.00002400, experiencing a decline of 2.36%.
However, the declining trend should not continue for long time, even after the death of inspiration, the communities should continue to grow and the memecoins should live forever.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
