Dogecoin, Floki, Shiba Inu Tumble After Iconic Japanese Dog Who Inspired Their Creation Passes Away At 18
Portfolio Pulse from Rounak Jain
Dogecoin, Shiba Inu, and Floki cryptocurrencies have dropped between 5% to 7% following the death of Kabosu, the dog that inspired their creation. Kabosu's passing has had a notable impact on these meme coins, which are popular in the crypto community.
May 24, 2024 | 10:00 am
News sentiment analysis
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NEGATIVE IMPACT
Dogecoin has dropped 5.41% following the death of Kabosu, the dog that inspired its creation. The news has negatively impacted the sentiment around this meme coin.
The death of Kabosu, a significant figure in the Dogecoin community, has led to a decline in Dogecoin's price. The emotional and symbolic impact of this event has negatively affected investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Floki has shed 7.37% following the death of Kabosu, the dog that inspired its creation. This news has negatively impacted the sentiment around this meme coin.
The death of Kabosu, a significant figure in the Floki community, has led to a decline in Floki's price. The emotional and symbolic impact of this event has negatively affected investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Shiba Inu has fallen 5.72% after the death of Kabosu, the dog that inspired its creation. This event has led to a negative sentiment around the cryptocurrency.
The passing of Kabosu, a key figure in the Shiba Inu community, has resulted in a decline in Shiba Inu's price. The emotional and symbolic impact of this event has negatively affected investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100