The Ukrainian government will officially accept dogecoin donations, according to a Twitter announcement by Ukraine’s vice prime minister, Mykhailo Fedorov. Fedorov stated that meme assets such as dogecoin are more valuable than Russian rubles, and that “even memes can assist our army and save lives against Russian invaders.”
‘Even memes can support our army,’ says Ukraine’s vice prime minister.
The Ukrainian government is now ready to accept dogecoin (DOGE) donations, after the adoption of polkadot (DOT) on March 1. The country’s vice prime minister, Mykhailo Fedorov, announced the government’s acceptance of DOGE on his Twitter account. Fedorov even mentioned Billy Markus, the co-founder of the Dogecoin network, and Tesla CEO Elon Musk. According to a Ukrainian official, the value of Dogecoin has surpassed that of the Russian currency. We’ve started accepting meme coin donations. Even memes can now help our troops fight Russian invaders and preserve lives. Let’s do it, world DOGE owners Elon Musk, Billy Markus.
Following the Ukrainian government’s original appeal for bitcoin and ethereum donations, which saw millions of dollars worth of BTC and ETH stream into the donation addresses, dogecoin has been accepted. Furthermore, the cryptocurrency exchange Binance launched a crowdfunding campaign to aid Ukraine, as well as a $10 million donation. Following Fedorov’s announcement of DOGE adoption, a number of dogecoin supporters responded.
In response to Fedorov’s post, DOGE co-founder Billy Markus tweeted, “Sent some.” “Dogecoin users aren’t often wealthy, and dogecoin is primarily used for minor transactions, but we are a compassionate and dedicated group.” Those who want to help will do so – I hope the country can heal and rebuild stronger as a result of everything,” he continued.
Following the DOGE co-announcement, founder’s Fedorov was contacted by a large number of DOGE supporters who informed him that they had contributed dogecoin to the address. According to blockchain explorer data, the DOGE address currently holds $38,355 in DOGE, and donations are still coming in by the minute. The Ukrainian government’s DOGE address has received 285,793 DOGE from 356 transactions.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.