Market News
- The vice prime minister of Ukraine tweeted that supporters can now make donations in Dogecoin as well.
- Mykhailo Fedorov called on the Dogecoin community and also mentioned the creator of Dogecoin and Elon Musk in his tweet.
- In other news, the Russian ruble continues to tumble as the war between Russia and Ukraine continues.
Ukraine now accepts Dogecoin donations to support their fight against the Russian invasion.
On Twitter today, the vice prime minister of Ukraine, Mykhailo Fedorov, announced that Ukraine supporters can also send donations in Dogecoin, adding to the list of cryptocurrencies that can currently be used to make donations to the fighting nation.
Anyone can now make a Dogecoin donation to Ukraine by sending DOGE to the wallet address included in Fedorov’s recent tweet. So far, over $33 million has been donated to Ukraine through cryptocurrencies. The list of cryptocurrencies that can be used to send donations has been expanded from Bitcoin, Ethereum, Tether, and Polkadot, to now also include Dogecoin.
Fedorov started his recent tweet by taunting Russia’s national currency, the ruble, by saying that Dogecoin has exceeded the value of the Russian fiat currency. The vice prime minister also called upon members of the Dogecoin community, including two of the biggest names in Dogecoin: the creator of Dogecoin himself and Elon Musk, who is known as the Doge-father.
In other news today, the Russian ruble continues to fall to the US Dollar.
As can be seen by the chart above, the dollar continues to strengthen against the ruble as global sanctions cripple Russia’s national currency. The price of one Russian ruble is less than one US cent – tumbling by almost a third since the start of this year.
The fall in value of the ruble has left people wondering whether or not the Russian government will turn to cryptocurrencies to evade current and future sanctions.
Ecosystem
Research
News Network
About