Dogecoin (DOGE) has witnessed a couple of brief spikes following the death of its inspiration.

The first price spike occurred around 1:40 a.m. ET, when news of the dog that kickstarted a meme had passed away.

“Today, Kabosu, our community's shared friend and inspiration, peacefully passed, in the arms of her person,” dogecoin’s official X account wrote on Friday. “The impact this one dog has made across the world is immeasurable.”

The Shiba Inu-based meme went viral in the early 2010s, which led to the creation of dogecoin in December 2013. DOGE is now the largest memecoin by market capitalization and inspired several other major dog-themed memecoins.

The second spike occurred around 11 a.m. ET, when perhaps the memecoin’s most well-known proponent tweeted about Kabosu’s passing.

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