There was a sudden increase in the price of DOGE following the allegations that Dogecoin's mascot dog Kabosu died. According to the latest information received, it turned out that this claim was false.
Following the rumors, there was a sharp rise and then a decline in the DOGE chart.
The rumors stem from social media conversations between Kabosu's owner and a family relative.
The reason for the rise is the perception that “the disappearance of the founders” is good news in the cryptocurrency market.
However, some findings that prove that the claims that Kabosu is dead are false are as follows: – Kabosu's owner tweeted about Kabosu on his blog yesterday, Kabosu was fine when he tweeted. – The person who sent the fake post chose to send it at 2 a.m. in Japan time, which caused Kabosu's owner to not be able to respond to or confirm the allegations.
*This is not investment advice.
