Kabosu, the beloved Shiba Inu dog that inspired the original Doge meme, passed away in May, leaving behind a legacy that continues to thrive in the crypto world through the popular meme coin Dogecoin and various spiritual successors. Recently, Kabosu’s owner adopted a new dog named Neiro, sparking a frenzy among crypto users to capitalize on the opportunity. However, the rush to create tokens with the Neiro name has led to confusion and drama within the crypto community.
Despite the proliferation of Neiro tokens on the Solana blockchain, the owner of Neiro, known as “Kabosumama,” clarified on Twitter that she does not endorse any crypto project except OwnTheDoge. OwnTheDoge is responsible for fractionalizing the original Doge photo and creating the coin DOG, which is not affiliated with Dogecoin. Despite this clarification, multiple Neiro tokens were launched on Solana, with one reaching an $89 million market cap just three hours after Neiro was introduced to the world.
Ansem, a prominent crypto influencer, was caught in the crossfire as traders debated which Neiro token was the true one. Ansem’s comments on Twitter and participation in a Twitter Spaces discussion fueled the fire, with some traders attributing the market fluctuations to his influence. The battle between the two main Neiro tokens intensified as they flipped positions multiple times, with Ansem ultimately endorsing one token over the other.
The chaos surrounding the Neiro tokens also gave rise to a plethora of spin-off tokens, such as Neiro Inu, Neiro Butt, and Neiro Wif Glasses, further contributing to the frenzy in the crypto market. Despite the ongoing debates on Crypto Twitter, the Ansem-endorsed token currently holds a $71 million market cap, while the original Neiro coin has fallen to around $12 million. Raydium, the Solana DEX, emerged as a key beneficiary of the weekend’s trading volume, processing billions of dollars in transactions.
As the dust settles, it is clear that the adoption of Neiro has sparked a wave of excitement and controversy in the crypto world. The battle between different Neiro tokens and their respective market caps continues to divide Crypto Twitter, with ongoing debates and speculation about which token is the true successor to Kabosu’s legacy. Despite the drama and infighting, the interest in meme coins and cryptocurrencies inspired by beloved animals like Kabosu and Neiro shows no sign of waning, highlighting the enduring influence of these internet sensations in the world of digital assets.