Ethereum founder Vitalik Buterin continues to support Dogecoin (DOGE) by donating to the project development organization. 
Over the weekend, Vitalik Buterin quietly donated another 20 million DOGEs to the Dogecoin Foundation, once again showing how the meme coin has potential, even as current Twitter CEO Elon Musk also publicly supports it.
The transaction is available here: https://t.co/hZ7TNir5vcHow the donation will be used is still to be announced; would be lovely to hear from Vitalik too. We do not bite, usually.
— Mishaboar (@mishaboar) November 13, 2022
This is not Vitalik Buterin’s first donation to the organization. Previously in May 2022, the founder of Ethereum once transferred 500 Ethereum (ETH), worth more than $1.3 million at that time to the fund after officially becoming a member of the Dogecoin advisory board. The foundation with Elon Musk’s representative is Neuralink’s CEO, Jared Birchall.
Vitalik Buterin, founder of Ethereum has donated 500 ETH (1.3 Mil USD) to the #dogecoin foundation. He's a long time fan of #Doge & serves as an advisorThe donation will contribute to the growth of $doge & accelerate future developmentsThanks @VitalikButerin pic.twitter.com/lDgwz8y0da
— Doge Whisperer (@TDogewhisperer) May 14, 2022
It is not yet clear how the Dogecoin Foundation will use the donation. Over the weekend, DOGE continued to surprise the community when it skyrocketed nearly 10% when it was directly mentioned by Elon Musk: “DOGE To The Moon” during a discussion on Twitter about the collapse of FTX.
For all the press spamming me, this is the show with Elon Musk and the various FTX whistleblowers. Enjoy!https://t.co/WvVyU2oGbB
— Mario Nawfal (@MarioNawfal) November 12, 2022
At the time of writing, DOGE is trading at $0.0875.
DOGE daily chart. Source: Coincu
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