Why A $1 Billion Donation To India Covid Relief Shocked Memecoin Traders Why A $1 Billion Donation To India Covid Relief Shocked Memecoin Traders Vitalik Buterin, one of the creators of the cryptocurrency Ethereum, donated more than 50 trillion -- yes, with a T -- Shiba Inu coins, a meta joke about the joke that is Dogecoin. Vitalik Buterin, one of the creators of the cryptocurrency Ethereum, has donated more than 50 trillion A memecoin invaded the world of philanthropy this week, bringing with it extreme price volatility and bewildering questions about whether $1 billion worth of a joke cryptocurrency can hold its value. Sandeep Nailwal, a cryptocurrency entrepreneur from New Delhi, set up the India Covid Crypto Relief Fund about three weeks ago after witnessing firsthand deaths caused by a lack of oxygen at the hospitals he volunteered in, as the country battled a devastating health crisis. At first, donations came trickling in, raising roughly $7.5 million up until the middle of this week.