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The Government Opens DOGE Donations, Asks Elon Musk For Help By Benzinga

2 March 2022
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© Reuters. Dogecoin For Ukraine: The Government Opens DOGE Donations, Asks Elon Musk For Help

The government of Ukraine — which has been trying to get all the funds that it can get its hands in the wake of Russia’s invasion of the country — has turned to the (CRYPTO: DOGE) community for help.

What Happened: Mykhailo Fedorov, vice prime minister of Ukraine, said in a tweet that “Dogecoin exceeded Russian ruble in value” and added that “now even meme can support our army and save lives from Russian invaders.”

He also announced that Ukraine’s government started accepting donations in DOGE and asked Dogecoin owners for help, tagging Tesla Inc. (: TSLA) CEO Elon Musk and the memecoin’s creator Billy Marcus.

See Also: HOW HIGH CAN DOGECOIN (DOGE) GO?

The announcement follows a recent report that Ukraine saw large-scale help coming from the cryptocurrency community which resulted in about $37 million in crypto donated as of Monday.

Furthermore, the Ethereum-based (CRYPTO: ETH) decentralized exchange (CRYPTO: UNI) launched a tool Tuesday that automatically converts and donates tokens to the Ukrainian cause.

DOGE Price Action: Dogecoin is trading at $0.1327 Wednesday after seeing its price fall by about 1% over the last 24 hours.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Credit: Source link

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Tags: asksBenzingaDOGEdonationsElonGovernmentMuskopens
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