One of the steadily-rising cryptocurrencies in terms of stability and popularity is dogecoin. Created by Billy Markus, a programmer based in Portland, Oregon. This was created in hopes that it would have an even wider demographic, as well as be able to rid itself of the negative rumors that surround other currencies. It’s already proven to be so popular, that apart from people wanting to know how to sell dogecoin for usd, or even from other cryptocurrencies, the said service has reached a market cap of $2 Billion since the start of this year. One of its key differences is the desire to create a community that’s vibrant and friendly. What are some of the fundraising events for Charity’s sake that it has done? Let’s find out.
Winter Olympics 2014
The Dogecoin community, in the spirit of charity, managed to raise a fundraising event for those who wished to compete during the Sochi winter Olympics, but were not able to go. They were able to raise as much as $36,000 in 2 days, with people exchanging from one currency to another. The rate rose by 50%, and they were able to raise funds for the Jamaican Bobsled Team, as well as the Sochi Athlete Shiva Keshavan.
The community was also able to raise as much as $67.8 million to support Josh Wise, a NASCAR Driver, who to give honor to the said activity, ran with a Dogecoin-painted, themed car. The venture can be deemed a success, as he managed to finish 20th, managing to avoid several wrecks, albeit narrowly. He managed to run the said car again, at the Toyota/Save Mart 350, where he managed to make it to 28th due to some issues with fuel. Because of the popularity of the Doge Car, game creators for NASCAR’14 are planning to add it as a drivable car.