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American Cancer Society Claims Dogecoin Donations Are Popular

source-logo  u.today 22 July 2022 21:42, UTC

American Cancer Society, a voluntary health organization that is focused on eliminating cancer, has revealed that Dogecoin is its third most donated cryptocurrency.

The most popular meme coin accounts for 4% of all contributions received by the ACS.

America’s largest non-governmental funder of cancer research started accepting Dogecoin donations back in May 2021.

The organization makes it possible to make donations with a slew of different cryptocurrencies, including Dogecoin rival Shiba Inu, with the help of The Giving Block, a popular cryptocurrency donation solution.     

Last year, the ACS launched its Cancer Crypto Fund campaign in order to raise $1 million for advancing cancer research. The goal was eventually met earlier this year. The organization says that crypto philanthropy is already having a “real impact.”

In October, Christian Linge of SafeBreast Inu donated $250,000, which is the biggest individual contribution to the ASL Cancer Crypto Fund to date.

The voluntary health organization was established way back in 1913 by physicians and businessmen from New York. The founders aimed to raise about the disease by educating doctors, patients, and family members.

The majority of the ASL’s resources get invested in cancer research and patient support.

Meme coins became popular with different charitable organizations after the massive cryptocurrency bull run in 2021. As reported by U.Today, Susan G. Komen, the world’s largest breast cancer charity, started accepting Shiba Inu and Dogecoin in late December.

Last month, the National Foundation for Cancer Research (NFCR), an American non-profit, also started accepting 30 different cryptocurrencies.

u.today