Robinhood's acknowledgment of Kabosu's passing is significant
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The Dogecoin community, affectionately known as"Shibes," also paid their respects to Kabosu, in noteworthy tributes. Social media platforms were flooded with messages of condolence, with many commenting that Kabosu's memory will live on.Likewise, Dogecoin's price saw a rise in value, a seeming show of respect for Kabosu. Dogecoin previously rose as high as 6% before partially losing some of its gains to trade up 1.6% in the last 24 hours to $0.165.
Reposting Dogecoin co-founder Billy Markus alias Shibetoshi Nakamoto's eulogy on X, Robinhood reacted to Kabosu's death by posting"RIP 2005-2024" with a prayer emoticon. This message attracted the attention of Dogecoin community members who reacted to the post.Robinhood's acknowledgment of Kabosu's passing is significant, given the platform's role in facilitating Dogecoin trades that contributed to the cryptocurrency's mainstream popularity.
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