Dogecoin (DOGE) to the rescue of the ruble, Ukraine calls for cryptocurrency donations


A dog is a heart, with hair around it. By saying these words, Brigitte Bardot would certainly never have imagined that one day they would be adapted to a situation of war and support via cryptocurrencies.

Doge, stronger than Rintintin!

Since the beginning of the Russian attack on Ukraine, the crypto community has mobilized and its solidarity nice to see.

After setting up addresses for sending donations in Bitcoins (BTC), Ether (ETH), Polkadot (DOT) and Tether (USDT), the Ukrainian government now accepts the famous dog-head coin memes, Dogecoins.

Indeed, the Ukrainian Deputy Prime Minister and Minister of Digital Transformation announced on Wednesday March 2 that Ukraine would accept gifts in Doge

@dogecoin has surpassed the Russian ruble in value. We are starting to accept donations in meme corner. $DOGE owners of the world, @elonmusk, @BillyM2k, let’s go. Official $DOGE Wallet: DS76K9uJJzQjCFvAbpPGtFerp1qkJoeLwL »

Mykhailo Fedorov – Ukrainian Deputy Prime Minister

Mykhailo Fedorov also asks for help from the creator of the famous dog’s head corner, Billy Markus (BillyM2k), as well as from one of its greatest defenders (and specialist in “trolling” on the subject), Elon Musk . He urges them to donate, because “Now even memes can support our army and save lives from Russian invaders. »

Billy Markus responded to this call very quickly.

“Dogecoin people aren’t usually wealthy and Dogecoin itself is usually used for small transactions, but we’re a caring and passionate bunch. Those who want to help will offer what they can. »

Billy Markus

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When a Doge is worth two rubles

With the value of the Russian ruble having dropped like a stone, many cryptos allow the government to be able to hold liquidity that does not collapse.

Despite the fact that the price of cryptos is not fixed, the price of the ruble has halved to reach a price of $0.0086 at the time of writing. The Doge trades at around $0.13 with a regular but much less brutal drop than the country’s official currency.

According to the records visible on the blockchain, the donations received already amount to nearly 400,000 Doges for approximately 607 transactions. This would represent around $52,000 at the current price.

“Do you see the price of the ruble? No ? Keep digging Rantaplan! we should see it soon! »

Ukraine also announced via its official Twitter account that it would carry out a airdrop to thank everyone who donated cryptocurrency.

But at noon today, Mykhailo Fedorov posted a message on Twitter indicating a change of course.

After careful consideration, we have decided to cancel the airdop. Every day more and more people are ready to help Ukraine repel aggression. Instead, we will soon be announcing NFTs to support the Ukrainian Armed Forces. We DO NOT intend to issue fungible tokens

Mykhailo Fedorov – Deputy Prime Minister.

The latest estimates show that the various appeals for donations, whether from Ukraine or other non-governmental organizations, have collected nearly $80 million in cryptocurrency.

Whether or not we like the highly controversial orange dog head cryptocurrency, we can only salute its usefulness in these dark times. And thank its supportive community which does not hesitate to demonstrate that, like the dog present on their favorite corner, they have heart!

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