Ukraine enlisted Dogecoin as an acceptable token + Women's interest in crypto is growing, but the education gap remains, Study shows

News • 2022/03/04 • by
remitano
  • The Ukraine Vice Prime minister calls for donations from Dogecoin Co-founder and Elon Musk.
  • 92% of the females polled are aware of crypto, with nearly 24% currently possessing it.

Ukraine Vice Prime Minister announces Dogecoin Acceptance

The Ukrainian authority is willing to collect dogecoin (DOGE) contributions after adopting Polkadot (DOT) on March 1. The nation's vice prime minister Mykhailo Fedorov confirmed the government's acceptance of DOGE on Twitter. He mentioned Billy Markus, the co-founder of the Dogecoin network, and Tesla CEO Elon Musk.

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The price of [Dogecoin] surpassed that of the Russian currency. We've started accepting meme coin contributions. Let's do it, world DOGE owners [Elon Musk, Billy Markus].

Following the Ukrainian government's earlier appeal for bitcoin and ethereum contributions, which witnessed millions of dollars worth of BTC and ETH stream into the contribution addresses, Dogecoin has been accepted. Additionally, the cryptocurrency exchange Binance initiated a fundraising campaign to aid Ukraine and a $10 million donation. Following Fedorov's announcement of DOGE adoption, many dogecoin supporters responded.

Related Post:Ukraine got Bitcoin worth $570k as contributions to help combat Russia

In response to Fedorov's post, DOGE co-founder Billy Markus tweeted, "Sent some." "Dogecoin users aren't often wealthy, and dogecoin is primarily used for minor transactions, but we are a compassionate and dedicated group." Those who want to assist will do so – I hope the country can recover and rebuild stronger as a result of everything," he continued.

Following the DOGE co-founder announcement, Fedorov was contacted by many DOGE users who informed him that they had contributed dogecoin to the account. According to blockchain explorer data, the DOGE account already has $38,355 in DOGE, and contributions are still coming in by the minute. The Ukrainian government's DOGE account has received 285,793 DOGE from 356 transactions.

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15% of females surveyed have an interest in crypto

Even though female investors are becoming more engaged in cryptocurrencies and blockchain technology, a recent survey finds that there is still a large knowledge gap on these issues.

The poll was performed by a third-party survey group on Jan. 28, 2022, and featured 1,031 female-identifying Americans between the ages of 18 and 65, according to BlockFi.

As per new BlockFi research on the changing perceptions on cryptocurrencies, 92% of the females polled are aware of crypto, with nearly one-quarter (24 percent) currently possessing it. Conversely, 80% still find it hard to comprehend, and 72% say investing is too unsafe.

Related Post:60% of businesses want to adopt virtual currency in a year - study

According to the poll, more than one-third of women want to acquire cryptocurrencies in 2022, with 60% stating they will buy crypto in the following three months.

According to the survey, while overall crypto acceptance is still low, most female cryptocurrency owners acquire and HODLing. The crypto market has so far experienced a lot of turbulence in 2022. Despite this, women’s trust in long-term crypto investment remains unshaken, with the majority of women buying Bitcoin (BTC) (71 percent), Dogecoin (DOGE) (42 percent), and Ether (ETH) (18 percent), according to the poll.

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According to the survey, twenty-four percent of the participants possess cryptocurrency. 70% of those who do are HODLers, meaning they bought the asset but never sold it, compared to 55% for the market as a whole. According to the report, about 45 percent of women know how to acquire bitcoin, up from around 23% six months earlier.

Medha Parlikar, the chief technical officer of Casper Labs, told Cointelegraph that she believes authorities will keep allowing more women to join in blockchain business "going forward."

Sexual equality in the cryptocurrency and blockchain industries is still a long way off. As per the World Economic Forum's April 2021 Global Gender Gap Report, closing the gender gap due to the COVID-19 epidemic will take nearly 135.6 years.

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