Ethereum co-founder Vitalik BUTERIN has donated 20 million Dogecoin (DOGE) to the Dogecoin community. At the time of writing, the cryptocurrency is trading at $0.085, according to CoinGecko. It is not yet known how the donation will be used by the non-profit organization.
This is not Buterin’s first donation. Earlier it was reported that the organization received 500 Ethereum (ETH) from a Canadian programmer. Last August, Buterin joined the organization’s advisory board along with Neuralink CEO Jared BIRCHALL. The non-profit organization, which was originally created in 2014, was relaunched last year following a surge in memcoin’s popularity.
In September, after Ethereum successfully implemented the long-awaited Merge upgrade, Buterin suggested that Dogecoin should be the next cryptocurrency to move to the Proof-of-Stake consensus algorithm. For now, the memcoin remains the second-biggest proof-of-work cryptocurrency behind Bitcoin.