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**Cryptonews Price Predictions: Dogecoin Price Forecast as ‘Kabosu’ Dog from Original Meme Passes Away – Will DOGE Surge Soon?**

Dogecoin Price Prediction as ‘Kabosu’ Dog from Original Meme Passes Away – Will DOGE Surge Soon?

Last updated: May 27, 2024, 05:32 EDT | 3 min read by Arslan Butt

**Dogecoin Investors Shift to New GambleFi ICO, Chasing Potential 895% Returns**

Dogecoin (DOGE) is trading at $0.16659, reflecting a 0.50% increase, suggesting a potential bullish trend. This comes as the internet mourns the death of Kabosu, the Shiba Inu behind the iconic “Doge” meme, who passed away at 18.

**Farewell to Kabosu: The Iconic Doge Meme Shiba Inu Passes Away at 18**

Kabosu, the Shiba Inu that inspired the “Doge” meme and Dogecoin cryptocurrency, passed away on May 24 at 18. She had been battling leukemia and liver disease. Her owner, Atsuko Sato, shared the news, mentioning that Kabosu passed away peacefully while being caressed. Adopted in 2008, Kabosu became an internet sensation in 2010 when Sato posted a picture of her that went viral on Reddit, symbolizing Shiba Inus’s inner thoughts in broken English. This meme later sold as an NFT for $4 million and inspired Dogecoin, now worth $23 billion. Kabosu's health had been a concern since late 2022, but she received support from fans worldwide. In November, a $100,000 statue of Kabosu was unveiled in Sakura, crowdfunded by Own The Doge. Sato and the organization have donated over $1 million to international charities. Kabosu’s legacy continues through her contributions to internet culture and philanthropy.

**Dogecoin Price Prediction**

Dogecoin is trading at $0.16659, up 0.50%, indicating a possible bullish trend. Key resistance levels are $0.1708, $0.1746, and $0.1788, while support levels are $0.1625, $0.1575, and $0.1516. The RSI is at 50, showing a neutral stance, and the 50-day EMA at $0.1634 suggests a short-term bullish trend. The strategy is to maintain a bullish outlook above the pivot point at $0.1658, with potential gains toward the resistance levels. However, a break below this pivot could trigger a selling trend.

**Last Chance to Invest in Dogeverse – Over $15M Raised**

Dogeverse, a meme coin network across multiple blockchains, including Ethereum, BNB Smart Chain, and Polygon, has raised over $15 million, surpassing its initial target. Priced at $0.00031, Dogeverse offers a blend of Doge appeal and advanced blockchain capabilities. The presale is nearing its end, with only 8 days left.