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Save the Children HODL Hope Campaign witnesses Ethereum donations reaching new heights

Save the Children HODL Hope Campaign witnesses Ethereum donations reaching new heights

In the wild and unpredictable world of crypto donations, Ether has emerged as the dominant force, representing a staggering 50% of the total contributions to Save the Children’s HODL Hope Campaign. Meanwhile, Bitcoin, the OG of cryptocurrencies, trails behind with a respectable 34% of the donations. This ongoing campaign has managed to amass a remarkable $7.6 million so far, but it still falls short of its ambitious $10 million target by a margin of $2.4 million.

The breakdown of the crypto donations reveals some interesting trends. Ether reigns supreme with a whopping $3.83 million, while Bitcoin follows closely behind with a little over $2.6 million. The third most favored crypto for philanthropic purposes is USD Coin (USDC), which accounted for 7% of the contributions, amounting to nearly $520,000.

Notably, anonymous donors have played a significant role in this campaign, contributing a staggering $3.9 million. These mysterious benefactors have chosen to remain in the shadows, their identities concealed from the prying eyes of the public.

It’s worth highlighting the growing trend of accepting crypto donations for global causes. The Singapore Red Cross has joined the movement by embracing digital currencies like BTC, ETH, USDT, and USDC. This move allows tech-savvy donors to make a difference through their digital assets, expanding the reach and impact of charitable organizations.

In summary:

– Ether accounts for 50% of the total crypto donations to Save the Children’s HODL Hope Campaign.

– Bitcoin makes up 34% of the contributions.

– The campaign has raised over $7.6 million so far, but aims to reach $10 million by 2023.

– USD Coin (USDC) is the third most popular cryptocurrency for donations.

– Anonymous donors have contributed a significant $3.9 million.

– The Singapore Red Cross has embraced crypto donations to attract tech-savvy donors.

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