Atsuko Sato, the Japanese woman whose dog inspired the creation of meme coin titan Dogecoin (DOGE) and the rapidly-rising NEIRO, is igniting the meme coin market once again after a token bearing her name soared 483%.
Kabosu and the Creation of Dogecoin
Kabosu, a Shiba Inu dog who was adopted by Atsuko Sato in 2008, became an internet sensation when her photo was posted on Sato’s blog in 2010. One particular image of Kabosu, with her signature expression, went viral and inspired the creation of Dogecoin.
Meme Coin Popularity
The launch of Dogecoin led to the creation of a meme coin sector in the crypto market that is driven by communities. Shiba Inu (SHIB) and Pepe (PEPE) rose to become the next two biggest meme coins, and now the sector has a market capitalization of $41.4 billion, according to CoinGecko.
Pepe Unchained: A New Contender
One new challenger that’s getting a lot of analyst attention recently is Pepe Unchained (PEPU), which is one of the most successful presales of the year after raising more than $13.6 million. It comes with its own blockchain, a first for a meme coin, and aims to dethrone PEPE as the top frog-themed meme coin.
The continued success story of meme coins demonstrates how communities and new ideas can drive growth and interest in the cryptocurrency market.
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