Dogecoin Community Reacts as Robinhood Eulogizes Kabosu

Cover image via U.Today

The Dogecoin community is shrouded in sorrow as they bid farewell to Kabosu, the Shiba Inu who became the embodiment of the beloved "Doge" meme.

News of Kabosu's passing sparked an outpouring of tributes, with popular stock brokerage app Robinhood joining in to honor the canine icon.

Robinhood's official X account posted the message "RIP 2005-2024" to express condolences for the cherished companion who captivated the hearts of millions worldwide.

RIP 2005-2024 🙏 https://t.co/pdoNBYFYhc— Robinhood (@RobinhoodApp) May 24, 2024

Kabosu, who passed away at the age of 18, was more than just a pet. Her enigmatic expression captured in a photograph became a viral sensation, inspiring countless memes and ultimately the creation of the cryptocurrency Dogecoin. Her image, synonymous with humor and optimism, brought joy to millions around the globe and became a symbol of the internet age's playful spirit.

The Dogecoin community, affectionately known as "Shibes," also paid their respects to Kabosu with heartfelt tributes. Social media platforms were inundated with messages of condolence, many expressing that Kabosu's memory will live on.

In a poignant show of respect for Kabosu, Dogecoin's price experienced a surge in value. Dogecoin initially rose by 6% before partially retracing its gains, currently trading up 1.6% in the last 24 hours at $0.165.

Republishing Dogecoin co-founder Billy Markus (alias Shibetoshi Nakamoto)'s eulogy on X, Robinhood acknowledged Kabosu's passing with a "RIP 2005-2024" message accompanied by a prayer emoji. This message resonated with the Dogecoin community, eliciting reactions from its members.

Robinhood's recognition of Kabosu's death is significant, given the platform's role in facilitating Dogecoin trades that propelled the cryptocurrency to mainstream popularity. The platform's tribute reflects the profound impact Kabosu had on the internet and technology, transcending her origins as a meme to become a cultural icon.