₹7.4 crore to startup-driven ACT Grants on April 30. Its website claims to have made donations to the Masoom Charitable Trust, Rajeev Memorial Academic Welfare Trust and more as well.The total value of donations in the fund will depend on the price of cryptocurrencies at a given time.
According to public data from the fund’s website, donations have come in Ethereum, Bitcoin, Ripple, Litecoin, Dogecoin and more.What are meme coins?The Shiba Inu coin was part of a growing number of joke digital currencies being spread on the Internet.
The coin was originally positioned as a Dogecoin killer, another joke currency, which gained importance after billionaire Elon Musk tweeted about it.