Vitalik Buterin, the Russia-based co-founder of the world’s second-largest cryptocurrency Ethereum, donated 500 coins and over 500 trillion SHIB meme coin worth around $1.14 billion to India’s Covid-Crypto Relief Fund.
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The man behind India Covid-Crypto Relief Fund, Sandeep Nailwal said in a tweet that he will not do anything which hurts any community specially the retail community involved with $SHIB.
After the donation, the SHIB meme coin fell more than 35 percent.