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In the last few days, the popular meme-based cryptocurrency has witnessed wild movements across the board, going up and down. An anonymous woman who holds dogecoin and profited from the latest all-time high ($0.44) made a philanthropic maneuver in favor of dogs.
Woman Left A âDogecoinâ Message as the Reason for the Donation
According to Fox 6, the woman donated her profits earned by holding the Shiba Inu dog-inspired coin to a dog shelter in Daytona Beach, Florida. The Halifax Humane Society administrates the facility.
Barry Kukes, outreach director of the Halifax Humane Society, said that the dogecoin holder arrived last weekend at the shelter, and she just paid for all adoption fees of the dogs.
He clarifies that although she didnât donate her dogecoin (DOGE) directly, he was aware that she was making a donation related to the meme token because the woman left a message which reads âdogecoin.â
Kukes commented on the donation:
Basically, she had made a very wise investment in some cryptocurrency and had a windfall and said it changed her life that she wanted to do something nice.
Moreover, the Halifax Humane Society representative praised the timing of the donation, as they rescued 42 dogs from a dog-fighting ring in the town. Still, Kukes told Fox8 that donation only covers adoption fees for dogs ready to be adopted in the shelter.
The shelterâs outreach didnât disclose the amount donated by the anonymous woman. However, as Bitcoin.com reported recently, dogecoin prices surged 18,299% in one year, jumping last Friday to a high of $0.44.
DOGE Climbed 18,299% in Just 12 Months
The meme-based digital asset has also been getting a lot of attention from celebrities and businesses like Slim Jim, the famous beef jerky maker.
Furthermore, as usual, Teslaâs CEO Elon Musk tweeted on April 15 about DOGE once again.
He shared a meme and said: âDoge Barking at the Moon.â Subsequently, dogecoin prices started to climb relentlessly after that tweet.
As of press time, DOGE prices are hovering around the $0.2914 level, down -4.60%, with a market capitalization of $37.68B, according to markets.Bitcoin.com data.
What are your thoughts on this story involving a dogecoin donation to a dog shelter? Let us know in the comments section below.
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The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.