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DOGE Community Donates $53,000 To Ukraine From 607 Transactions

Dogecoin (DOGE) community has donated $53,000 to Ukraine from 607 transactions, as the provided wallet address has received more than 397,848 DOGE.

It has been reported that Ukraine opened to DOGE donations for the first time. Mikhail Fedorov, the Vice Prime Minister of Ukraine, announced that the token had “exceeded Russian ruble in value” — though the ruble has dropped significantly against the US dollar in the wake of US and EU sanctions, its price has been lower than DOGE’s since January 2021.

However, Fedorov’s message also called for DOGE proponents including Tesla CEO Elon Musk and Dogecoin founder Billy Markus to donate to Ukraine’s military and “save lives from Russian invaders.”

The report said that Ukraine’s official Twitter account also said it will be conducting an airdrop on Thursday for users who made crypto donations to the country. It’s unclear what officials intend to distribute to crypto users, but the message hinted at a “reward.”

Likewise, Fedorov and Ukraine’s Twitter account have solicited other crypto donations following Russia's military action in the country on February 24, accepting Bitcoin (BTC), Ether (ETH), Polkadot (DOT), and Tether (USDT).

There are other organizations calling for crypto funds to support Ukraine, including the non-government organization Come Back Alive, UkraineDAO led by Russian music group Pussy Riot’s Nadya Tolokonnikova, and activist-led Unchain Fund.

Thus, as of March 3, blockchain records show nine tracked funds have raised around $79.5 million in crypto donations for Ukraine.

Source: Cointelegraph


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