Shiba Inu Tokens Donated By Vitalik Buterin To Bolster India's COVID-19 Relief Funds
Portfolio Pulse from Mehab Qureshi
Vitalik Buterin, co-creator of Ethereum, has pledged an additional $10 million to CryptoRelief, an India-focused coronavirus prevention initiative. The funds, generated from the sales of Shiba Inu tokens, will be used to improve indoor air quality and support research into inhibiting the long-term effects of COVID-19.

June 09, 2023 | 11:57 am
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Ethereum co-creator Vitalik Buterin donates $10 million to India's COVID-19 relief efforts, generated from Shiba Inu token sales.
While the donation showcases Ethereum's co-creator's philanthropic efforts, it is unlikely to have a direct short-term impact on Ethereum's price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Polygon co-founder Sandeep Nailwal leads CryptoRelief initiative, which receives a $10 million donation from Ethereum co-creator Vitalik Buterin.
The donation highlights Polygon's involvement in the CryptoRelief initiative, but it is unlikely to have a direct short-term impact on Polygon's price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Shiba Inu token sales generate funds for a $10 million donation by Ethereum co-creator Vitalik Buterin to India's COVID-19 relief efforts.
The donation showcases the use of Shiba Inu tokens for philanthropic purposes, but it is unlikely to have a direct short-term impact on Shiba Inu's price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50