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Crypto Community Rallies for 4-Year-Old Mira, Pushing Solana Meme Coin to $80M in Hours

26.12.2024
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The crypto community has united in support of four-year-old Mira Chen, who is suffering from a rare brain tumor.

A Solana token named “MIRA,” created by a crypto trader in her honor, saw its market value soar to over $80 million within just five hours of launch.

Mira, the youngest daughter of Runway CEO Siqi Chen, was diagnosed with Adamantinomatous Craniopharyngioma, a rare brain tumor, before her second birthday.

Crypto Community Shows Support for Mira

Siqi shared her journey on social media, drawing widespread attention and support from the crypto world.

“On 9/23, Mira was diagnosed with a rare brain tumor called a craniopharyngioma,” he wrote on X.

“While benign, it is located in an extremely dangerous area of the brain and associated with the worst quality of life outcomes out of all survivable brain tumors.”

He added that, while there is still no cure, the research team has identified promising new drugs for Mira’s tumor. He then asked for donations to help the research proceed.

As the story went viral, donations poured into Siqi’s Solana and Bitcoin wallets, and the community’s response reached new heights when an anonymous trader launched the MIRA token.

The trader sent half of the token’s supply to Siqi, who was taken aback by the gesture.

“So some random guy 20 minutes made a SOL memecoin called $MIRA to help with research fundraising and sent me half the entire supply and it’s now worth like $400K and i literally don’t know what to do because i certainly don’t want to rug a bunch of random people,” Siqi wrote.

Siqi decided to sell 10% of his holdings, representing 5% of the total token supply, raising approximately $49,200.

liquidated 10%.
thanks to the SOL community for $49,263 contributed to hankinson lab.
if it tanks, i'm ok – i don't want to be the one to rug folks.
if it moons, i'll announce more liquidations 24 hours in advance to support the lab further.
thank you – this is pure magic.

— Siqi Chen (@blader) December 26, 2024

The funds were pledged to the Hankinson Lab at the University of Colorado, the only North American research facility dedicated to Mira’s condition.

Following a community poll, Siqi committed to selling another 10%, with proceeds also going to the lab.

Acknowledging the token’s rapid rise, Siqi proposed a gradual approach to avoid market disruption.

“I may commit to selling like 1% daily, and I won’t be moving anything until tomorrow,” he stated.

As of the latest update, the MIRA token was trading at $0.043, with a market cap of $43 million, according to data from DEX Screener.

Degens Can Do Good Too

In a post on X, Pump.fun, the Solana-based marketplace that was used to create the $MIRA token, acknowledged that meme coins can also be used for good causes aside from their speculative causes.

“Over $400k cash and millions in tokens have been raised in just a few hours for a good cause through a memecoin,” the platform wrote.

over $400k cash and millions in tokens have been raised in just a few hours for a good cause through a memecoin
degens can do good too!
We wish @blader and his family the best of luck 💚🤍 https://t.co/TwnNuFNNAn

— pump.fun (@pumpdotfun) December 26, 2024

The heartwarming story of Mira comes as meme coins dominated the crypto landscape in 2024, capturing nearly a third of investor interest.

The post Crypto Community Rallies for 4-Year-Old Mira, Pushing Solana Meme Coin to $80M in Hours appeared first on Cryptonews.

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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