Fact Check: Cheems, The Shiba Inu Meme Icon Passes Away, Not Kabosu, The Dog Behind Dogecoin
Portfolio Pulse from Mehab Qureshi
Cheems, a popular Shiba Inu meme icon, passed away at the age of 12, causing confusion within the crypto community as rumors circulated that the dog associated with the Dogecoin meme had died. The Dogecoin meme actually features a different Shiba Inu named Kabosu. Dogecoin was introduced as a humorous response to Bitcoin, and has gained recognition in the sporting world and support from entrepreneur Elon Musk. At the time of writing, DOGE was trading at $0.06393, down 0.38% in the last 24 hours.
August 21, 2023 | 3:41 am
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NEUTRAL IMPACT
The article mentions Bitcoin in relation to Dogecoin, which was introduced as a humorous response to Bitcoin. However, the news does not directly impact the price of Bitcoin.
While the article mentions Bitcoin in relation to Dogecoin, the news about Cheems' death and the subsequent confusion within the crypto community does not directly impact the price of Bitcoin.
CONFIDENCE 90
IMPORTANCE 20
RELEVANCE 20
NEUTRAL IMPACT
The death of Cheems, a popular Shiba Inu meme icon, caused confusion within the crypto community, leading to rumors that the dog associated with the Dogecoin meme had died. This could potentially impact the price of Dogecoin.
The death of Cheems caused confusion within the crypto community, leading to rumors that the dog associated with the Dogecoin meme had died. This confusion could potentially lead to volatility in the price of Dogecoin, as investors may react to the rumors.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80