The post $MIRA Memecoin Raises $80M to Fund Rare Brain Tumor Treatment for 4-Year-Old Mira appeared first on Coinpedia Fintech News
In a heartwarming story, four-year-old Mira, who is battling a rare brain tumor, saw the crypto community unite to launch a memecoin in her honor. The token’s market value soared to over $80 million just five hours after its launch.
Interestingly, members of the crypto community came together to launch MIRA meme coin on the Solana blockchain to help fund her treatment and support research into her condition. This effort has become more than just a financial contribution and has become a powerful symbol of unity, showing that the crypto world can come together in times of crisis.
Siqi Chen, a father in desperate need of support, took to social media to share the heartbreaking news about his 4-year-old daughter, Mira. She was diagnosed with an incredibly rare and aggressive brain tumor called Adamantinomatous Craniopharyngioma. While the tumor is benign, its location in a vital part of the brain makes treatment difficult, and the outlook remains uncertain.
However, just moments after its launch, $MIRA emerged as a glimmer of hope and support. Notably, half of the total token supply was sent directly to Siqi Chen’s wallet to provide crucial funding for Mira’s treatment. The token rapidly gained momentum, and its market cap soared to impressive heights. This surge demonstrated that meme coins can have a meaningful impact beyond mere speculation.
Siqi said he decided to sell 10% of his holdings, equivalent to 5% of the total token supply, generating approximately $49,200 which he vowed to donate to the Hankinson Lab at the University of Colorado. The lab is the only research facility in North America focused on this type of tumor.
After a community poll, Siqi announced that he would sell an additional 10% of his MIRA holdings, with the proceeds again being donated to the research lab. Siqi added that he was considering selling a small portion of his holdings each day, gradually off-loading his hoard without causing a sudden price drop. The community overwhelmingly backed this approach.
With MIRA’s market cap reaching impressive levels, the community is filled with optimism for future growth. The ultimate target is to hit a $1 billion market cap, which highlights the community’s dedication to creating meaningful change.