Cryptocurrency Ethereum co-founder Vitalik: These donation memes have been given by Vitalik in the form of digital currency Shiba Inu coin. This currency is named after a dog breed. Apart from this, some parts of the donation from Vitalik are also given in the form of Etherum (their own cryptocurrency).
According to the report, India has been given 500 ETH and more than 50 trillion SHIB (Shiba Inu) donations from Vitalik Buterin to fight Corona. The value of this donation amount is approximately $ 1.14 billion. It has been given in the COVID-Crypto Relief Fund of India. The COVID-Crypto Relief Fund was set up by Indian entrepreneur Sandeep Nailwal.
Naliwal said to Vitalik Buterin On Twitter, he wrote thanks to Vitalik Buterin. One thing we have learned from Ethereum and Vitalik Buterin is Community Importance. We will not do anything that will hurt any community. We will act responsibly. Shib holder should not be disturbed.
Since the donation of Buretin, a drop of 35% has been observed in the price of SHIB in the last 24 hours. India has received a lot of donations in the form of crypto currency. There is also a fact that crypto currency is not working in India at present because it has not got legal recognition.
Talking on this, Naliwal told Tech2 that he will first transfer the crypto currency to the US based bank and then convert it into fiat currency. For this, he has tied up with FV Bank. He also told that his Twitter inbox is flooded with those seeking oxygen and other help.