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The cryptocurrency symbol DOGE is in danger

3:48 pm, December 27, 2022

The owner of Kabos, a Shiba Inu dog that became the prototype of the Dogecoin meme cryptocurrency, wrote that the animal was in a «dangerous condition.» The news caused a wave of discussion in the crypto community, and the most ardent supporters of the meme cryptocurrency began to send words of support and even personally offer help. One Twitter user offered to fully cover «any costs necessary to provide the best treatment» for the living crypto symbol.

In a tweet on December 26, Dogecoin co-creator Біллі Маркус" href="https://noworries.media/biography/billi-markus/" data-bio-id="3704">Billy Marcus also asked his followers to support Sato (the owner of Shiba Inu) and Kabosu.

Sato did not disclose what kind of health problems Kabos has. However, in previous posts on social media, the Japanese woman said that the dog had been sick since Christmas Eve and had no appetite. It is interesting to note that Shiba Inu dogs live from 12 to 15 years on average. But Kabosu celebrated his 17th birthday in early 2022.

Kabosu the dog is a popular figure in the crypto community. In 2018, Ethereum founder Vitalik Buterin visited the dog and its owner in Tokyo.

In 2010, a picture of Kabosu from Sato’s blog went viral and created a new meme format called «doge.» Three years later, Billy Marcus and Jackson Palmer created the first meme cryptocurrency, Dogecoin. According to the developers, it was originally meant to be a joke, but the history of meme cryptocurrencies has begun to develop rapidly.

According to CoinGecko, DOGE is the eighth largest virtual coin with a market capitalization of almost USD 10.4 billion. Dogecoin has become the second most popular cryptocurrency in Google trends after Bitcoin, with more than 5.85 million searches for meme coin in 2022.

The acquisition of Twitter by Elon Musk has made many Dogecoin users hope that he will integrate DOGE into the social network. So far, this has not happened, but the billionaire’s actions and statements have a great impact on the price of the meme-coin. Last week, after the publication of Musk’s poll, in which more than 10 million Twitter users voted for his resignation as CEO, the meme token’s value fell by 11%. At the end of November, Dogecoin grew by 19.4% after Musk’s post about Twitter 2.0.

It should be added that at the time of writing, DOGE costs $ 0.07.

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