SHIB and DOGE prices react as Elon Musk pays tribute to Kabosu

SHIB and DOGE prices react as Elon Musk pays tribute to Kabosu

Businessman Elon Musk has paid tribute to Kabosu, the Shiba Inu dog behind the Dogecoin meme who passed away today.

Businessman Elon Musk has paid tribute to Kabosu, the Shiba Inu dog behind the Dogecoin meme who passed away today.

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An image published by the controversial centibillionaire shows the gorilla Harambe with angel wings hugging the legendary dog ​​among clouds that emanate an ethereal glow.

Musk said Doge “ascended to heaven” so he could be with his “friend” Harambe.

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Dogecoin (DOGE) price soared more than 4% after Musk posted the image on his profile before paring some gains. Meanwhile, rival meme coin Shiba Inu (SHIB) added almost 3%, but the gains were also quite short-lived.

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As reported by U.TodayKabosu died on Friday at the age of 19. Atsuko Sato, her owner, claimed that the world-famous Shiba Inu dog had “crossed the rainbow bridge” without suffering.

Shortly after being adopted by Sato in 2008, Kabuso became a social media star in 2010 thanks to a picture that inspired the Doge meme.

Memes featuring ungrammatical phrases and the cute Shiba Inu dog led to the creation of the Dogecoin cryptocurrency in 2013. The meme coin exploded in popularity in 2021 after Musk actively promoted it.

Joining Prince and David Bowie

Harambe the gorilla captured the hearts and minds of the online community in 2016. The western lowland gorilla was shot and killed by a zoo worker after grabbing a three-year-old boy who was climbing into his enclosure.

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The dead gorilla quickly became the top meme of the year, becoming part of the collective psyche online with hashtags like #JusticeForHarambe. Before Musk’s photo, Harambe was also part of other strange tributes. He appeared alongside photographs of cultural icons such as David Bowie and Prince.

In May 2021, a photograph of the gorilla was auctioned as a non-fungible token.

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