Dogecoin and Shiba Inu’s weekly review: dog treats and Doge for stagnant donation

He had a good week with coin memes, new Burger King offerings and other events. However, there is some bad news in Buterin’s $ 1 billion donation to the covid-19 Relief Fund of India through Shib tokens. Let’s find out more. 

Buterin & # 39; s $ 1 billion Shiba Inu donation stuck in bureaucracy
Sandeep Neilwal, founder of Covid, the Indian CryptoPhone, faced difficulties cashing in on just $ 1 billion donated to Shib tokens by ETHEREUM founder Vitalik Buterin. Moreover, the $ 1 billion contributed by Buterin fell to $ 400 million due to the market crash that rocked the crypto industry. 

Neilwal, who is also the co-founder of Polygon, has so far cashed in just $ 20 million (just 2% of the total), calling it a cumbersome process. 

He stated, 

“Between cashing in on an illiquid asset, complying with government regulations and making money in the right places, that’s not easy Dec.”

Under India’s foreign contributions Regulation Act, tokens must first be converted to rupees before they are spent. Currently, 80% of tokens have been converted, according to Nailwal. 

Utah man offers pay cut at Doge & # 39;
From billionaire Elon Musk to an ordinary American trying to sell their home, Dogecoin fans are everywhere. Scott Paul of Utah has joined the ranks of real estate sellers who accept cryptocurrency payments. In fact, Paul has gone a step further to promote his favourite money by cutting 10% of the house price for anyone who pays on Dogecoin. Currently priced at $ 389,000, the Home Discount would be a substantial sum of about $ 40k. 

In more common trades, Paul hopes memes will play a role in stimulating the currency. Like Tesla’s founder, dog believes it could be a viable currency in the future.

He stated,

“The decision was pretty clear. I have a house I want to sell, why don’t we bring it to the border to see if I can sell it for the Doge, because we need to keep it

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