Kabosu Inu (ETH: $KABOSU) is a meme coin based on KABOSU, the dog behind dog-inspired meme coins like DOGE and SHIB. It is a celebration of her life and legacy.
The Origin Of Kabosu Inu
In 2003, at the age of 17, Kabosu was diagnosed with leukemia and lung disease. After the news broke out, the $KABOSU community was formed to carry on the memory of the inspirational dog by spreading cheer, good vibes, love, and a pay-it-forward attitude.
Kabosu represents a movement of action and compassion that aims to help animal shelters by offering donations and support to help them find forever homes. Holders of the $KABOSU coin are not just investing; they are helping to spread Kabosu’s story, ensuring her legacy continues to be an inspiration globally.
Recently, the community has been making a push to have KABOSU listed on Binance, arguing that their sister token NEIRO has already been listed on the exchange, according to post on X.
$KABOSU Tokenomics
The total supply of the tokens is 1,000,000,000,000 $KABOSU, with accompanying NFTs. There are 777 KABOSU NFTs, which are available for sale on OpenSea.
Market Performance
On Wednesday, November 27, 2024, KABOSU was up over 10%. The gains continued Thursday, November 28, 2024 with the token rising 6.14% to $0.00000141. Since its initial token price, the token has risen 20.46%, and it has a market cap of $1.36M, with a 24-hour trading volume of $9.33K.
The token is trading at a 94.73% discount to its all-time high of $0.00002675, which it achieved on May 24, 2024. It has risen by a whopping 11,316.76% since its all-time low of $0.00000001235, which it reached on May 10, 2023. The token is available for trading on Uniswap V2.
Social Media Following
Kabosu Inu has garnered a respectable following online; it has 3,396 followers on X and 6,931 members in its Telegram group.
How High Could $KABOSU Rise?
$KABOSU is a relatively popular meme coin, with a large following of over 10K across all its social media platforms. Looking at its sister project Neiro, we can make a projection on how high it could rise. So far, Neiro has a market cap of over $730 million, and a 24-hour trading volume of over $4.4 million as of Thursday, November 28, 2024.
A major difference between these two projects is that Neiro has achieved a CEX listing while Kabosu has not. Recently, the Kabosu team has begun an effort to have it listed on a CEX, which could potentially propel its market cap to new highs.
Is An Investment in $Kabosu Worth It?
Kabosu Inu is an inspirational meme coin based on the Shiba Inu dog that inspired the dog-themed meme coin phenomenon. Consequently, it could potentially be headed in the same trajectory as those projects. In the current crypto market, where numerous meme coins have seen triple-digit growth, keeping a close eye on KABOSU would be a wise move.
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