Cocoro Coin Surges 80 Million Market Cap on Launch Backed by Doge Meme Creator
1min read Cocoro Coin, the latest addition to the meme coin market, has been launched as the official token of Atsuko Sato, the owner of Kabosu, the Shiba Inu featured in the iconic Doge meme. This launch marks a significant milestone in the meme coin arena, as it carries the official lineage from the beloved original Doge meme. The new coin is backed by Atsuko Sato, indicating a serious commitment to authenticity in the crypto space. The team at Own the Doge expressed their excitement for the launch, stating, “We are delighted to welcome the latest member of Atsuko’s family, Cocoro!”
The introduction of cocoro on March 8, 2025, has sparked discussions among crypto enthusiasts and investors. Utilizing the Base Ethereum layer-2 network, Cocoro aims to establish itself firmly within the meme coin ecosystem. The initial reception reflects a robust interest in this innovatively tied coin, with its market cap quickly exceeding $80 million, although it experienced a subsequent correction.
The advantage of licensing sets Cocoro apart from many competitors. Regular meme coins operate without clear ownership, often resulting in a chaotic market landscape. However, with Sato’s endorsement, Cocoro presents an exemplary model of authenticity. CEO Smoke shared his enthusiasm regarding their collaborative efforts with Base, stating, “We are big fans of what Base is doing… making it fast and affordable to build on Ethereum at scale.” The team already boasts over 1 million DOG holders on Base, which reinforces their established community and outreach efforts.
Upon its launch, Cocoro’s associated token, Own the Doge (DOG), witnessed a notable increase in value, indicative of investor confidence in the project. The previous experience of meme coins based on Sato’s dogs reflects significant volatility; thus, the professionally coordinated launch intended to safeguard against unofficial tokens could pivotally reshape market behaviors. The tokenomics of Cocoro are also well thought out: 75% of tokens are locked in liquidity pools, 20% orienting towards airdrops for current DOG and NEIRO holders, emphasizing the project’s community-centric approach.
Dogecoin’s inception was spontaneous and unsanctioned, a facet that remains a source of contention among its original figures. With the emergence of Cocoro, there is potential for a more regulated and legitimate avenue for meme coins 