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Ethereum donations high Save the Youngsters HODL Hope Marketing campaign

29 Nov 2023
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An ongoing crypto donation marketing campaign devoted to enhancing the lives of kids worldwide has acquired over $7.6 million to this point, half of which was donated in Ether (ETH). 

Philanthropic basis Save the Youngsters’s HODL Hope Campaign stays practically $2.4 million in need of the $10 million it intends to gather by the tip of 2023. ETH represented 50%, or $3.83 million, of the $7.6 million raised in crypto donations on the time of writing.

Whole crypto (in U.S. {dollars}) for Save the Youngsters’s HODL Hope Marketing campaign. Supply: hodlhope.org

Bitcoin (BTC) donations constituted 34% of the full cryptocurrencies, valued at somewhat over $2.6 million. USD Coin (USDC), a U.S. dollar-backed stablecoin issued by Circle, was the third most most popular manner for the crypto group to assist out kids in want. USDC represented 7%, or practically $520,000, of donations.

Prime cryptocurrencies donated for Save the Youngsters’s HODL Hope Marketing campaign. Supply: hodlhope.org

The U.S. greenback was utilized in 2% of donations, which was adopted by main altcoins, together with Bitcoin Money (BCH), Tezos (XTZ), ThunderCore, Tether (USDT), Litecoin (LTC) and Solana (SOL).

The Personal The Doge (DOG) and PleasrDAO communities presently dominate the donor leaderboard after contributing 291.16 ETH, or over $1 million, to the trigger. Nonetheless, donors can keep nameless and never be featured on the leaderboard.

Prime donors for Save the Youngsters’s HODL Hope Marketing campaign. Supply: hodlhope.org

As proven above, nameless donors accounted for $3.9 million of the full marketing campaign donations.

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The convenience of cross-border motion of funds permits better participation in donation occasions for international causes. Lately, humanitarian assist and group providers charity, the Singapore Pink Cross, started accepting crypto donations.

In partnership with Triple-A, the Singapore Pink Cross began accepting BTC, ETH, USDT and USDC. “By accepting digital currencies, we open our doorways to a brand new section of donors who’re tech-savvy and want to make a distinction by way of their digital belongings,” mentioned Benjamin William, secretary common and CEO of the Singapore Pink Cross.

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