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Ukrainian Government To Accept Dogecoin Donations Now

Mykhailo Fedorov, the Vice Prime Minister of Ukraine, has said that the Ukrainian government will now accept Dogecoin (DOGE) donations.

It has been reported that Fedorov highlighted that meme assets like Dogecoin are worth more than the Russian ruble and “even [memes] can support our army and save lives from Russian invaders.”

However, Fedorov even gave a shout-out to the Dogecoin network’s co-creator Billy Markus and Tesla CEO Elon Musk.

Fedorov stated:

“[Dogecoin] exceeded [the] Russian ruble in value. We start to accept donations in meme coin. Now even [memes] can support our army and save lives from Russian invaders. DOGE owners of the world, [Elon Musk, Billy Markus], let’s do it.”

The report said that the Dogecoin acceptance follows the Ukrainian government’s initial plea for Bitcoin and Ethereum donations, which saw the millions worth of BTC and ETH pour into the donation addresses. Furthermore, the crypto exchange Binance launched a crowdfunding initiative to support Ukraine, and Binance donated $10 million as well. After Fedorov announced the DOGE acceptance a number of Dogecoin advocates replied.

Billy Markus, the co-founder of DOGE, said:

“Sent some. Dogecoin folks aren’t usually rich and dogecoin itself is generally used for small transactions, but we are a caring and passionate bunch. Those who want to help will offer what they can — I hope the country can heal and rebuild stronger after all of this.”

Likewise, after Markus’s statement, a great number of other DOGE supporters also told Fedorov that they sent Dogecoin to the address.

Thus, currently, blockchain explorer statistics show the DOGE address holds $38,355 worth of DOGE and donations continue to pour in by the minute. 285,793 DOGE sent by 356 transactions has been donated to the Ukrainian government’s DOGE address.

Source: Bitcoin News



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