Bobo the Bear is a meme character associated with bear markets. The design of Bobo is based on Apu Apustaja, and sometimes Pepe the Frog. The name “Bobo“ was chosen in June 2018, and has become the official name for the character. Bobo is posted worldwide on Twitter, 4chan, but particularly on the /biz board (4chan). Bobo NFTs (Bobo Council) have been created. Bobo is used to satirize poor investment choices, and express pessimism in financial markets. Bobo is run by “rekt_teka$hi“ as well as other OG Bobo Meme artists, who have been creating Bobo content since its inception.