As per the latest tweet by the charity, the American Cancer Society (ACS) is now accepting Dogecoin donations along with 15 previously supported coins. This move of American Cancer Society aims to raise $1 million through its crypto cancer fund. Why is ACS Accepting Dogecoin DOGE? The Tweet from the ACS reads, “Starting today, you can make donations to the American Cancer Society with Dogecoin. Your cryptocurrency donation is tax-deductible and will help offset the funding shortfall caused by COVID-19.” Starting today, you can make donations to the American Cancer Society with @dogecoin! Your #cryptocurrency 🪙donation is tax-deductible and will help offset the funding shortfall caused by COVID-19. https://t.co/5u8WHsVYTV — American Cancer Society (@AmericanCancer) May 6, 2021 Clearly, the decision to accept cryptocurrency seems to be the result of outreach from the Dogecoin community. However, the amount raised through the cryptocurrency to date is not yet cleared by the ACS. Although it aims to raise $1 million by the end of this year. For sure the present situation of covid-19 has been impending its ability to meet the target. Presumably, the rapidly rising value of Dogecoin assists the cancer society to meet its requirement. According to the latest reports, the price of DOGE has risen by 24,000% to date. The meme cryptocurrency is facilitating newbie investors a surplus of wealth to spend and donate. Payment processor the Giving Block powers the ACS’s crypto donation. Apart from Dogecoin, it also accepts Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and 11 other cryptocurrencies. Accepting DOGE in Memory of Sporklin The news of DOGE developer Sporklin who recently passed away due to cancer is not hidden from anyone. The incident plays a big role in making the mind behind accepting DOGE as a form of donation. News of the ACS’s support for Dogecoin became one of the top Twitter threads in no time. Attracting over 300 comments the co-founder of Dogecoin Billy Markus acknowledged “I got really moved seeing this actually, that the silly thing I made years ago can be used for this. It’s an honor.”
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