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Dogecoin's 9% Swing Amid Fake Rumor of Mascot's Death Riles Up Crypto Enthusiasts
Dogecoin (DOGE) swung wildly on Tuesday as a social media rumor about the death of the popular meme coin's mascot turned out to be fake, riling up crypto observers. DOGE price jumped as much as 9% to 8.3 cents after pseudonymous X (formerly Twitter) user TraderAguila posted a screenshot of a Telegram conversation in Japanese that alleged that Kabuso, the token dog for the cryptocurrency, passed away. Soon after, the author deleted the X post and went private, saying the screenshot turned out to be fake. Later they deleted the account altogether. DOGE pared most of its gains and retraced to around 8 cents, but still ... (full story)