Ethereum co-founder Vitalik Buterin has donated $1 billion worth of Shiba Inu coin to a COVID-19 relief fund in India.
The 27-year-old programmer transferred more than 50 trillion Shiba Inu coins to the India COVID-crypto relief fund, according to his public wallet. He also transferred 500 ethereum.
Shiba coin was valued at $1 billion at the time of transfer but cryptocurrencies are notoriously volatile – its value plunged after the donation.
Shiba Inu coin is a dogecoin spinoff that plays off the popular Elon Musk-touted dogecoin – which is a parody in itself.
