Kabosu (ETH: $KABOSU) is a project named after the female Shiba Inu that sparked the billion dollar meme token movement.
The $KABOSU token was launched after the recent worrying health update on Kabosu. The mission of the token is to spread the cheer inspired by Kabuso and her owner Atsuko. The name Kabosu means citrus in Japanese because her owner thought her puppy’s round face resembled a citrus fruit.
The History of Kabosu
Atsuko Sato rescued Kabosu from an animal shelter in November 2008. The kindergarten teacher said that her prize Shiba Inu came out of a puppy mill and was due to be put down if no one adopted her. Since the creation of Dogecoin, Kabosu has become an online celebrity. She has over 458,000 followers on Instagram, making her one of the most famous dogs in the world.
On November 2, 2023, she will turn 18, making her one of the oldest Shiba Inu’s in the world. While she has been long-lived, she was recently diagnosed with Liver Disease and Leukemia. Atsuko and Kabosu are renowned for the many charity events that they participated in to benefit the less fortunate. One of the most famous is the recent auction of Kabosu’s photo of her sitting on a couch, with the proceeds going to the Save the Children Foundation.
One of the goals of the $KABOSU token is to secure her legacy on the Ethereum blockchain permanently.
$KABOSU Token Performance
Since the creation of $KABOSU, the token has performed quite well. The price of $KABOSU peaked on the day of its launch on May 1, 2023, and a slow recovery has been in the works. It’s been almost 3 months since and if $KABOSU continues to push hard against previous resistance, then we could see new all-time highs for this dog token.
The total supply of the $KABOSU tokens is 1 trillion, and 6.87% are pooled. The token currently has 545 holders, which is quite small, but is growing consistently. $KABOSU has an impressive market cap of around $1.5 million. The project’s community continues to grow with its following of over 8,600 on Twitter.
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Summary
The past few days have seen an increase in investor interest in $KABOSU. While it might not be one of the biggest meme coins, its recent performance has been magnificent. The team behind it is active and regularly updates its social media pages. It is our belief that $KABOSU is poised for serious growth.
$KABOSU is a great option for anyone looking for a meme coin that is still on the ground floor. The team’s commitment to spreading the word about $KABOSU will undoubtedly pay off in the coming weeks. $KABOSU represents an opportunity to get into a low-risk token with the potential for a big payout.
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