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Nidhi Kolhapur
Nidhi Kolhapur
Author
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
- Dec 26, 2024 12:20 UTC
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$MIRA Memecoin Raises $80M for 4-Year-Old’s Brain Tumor Treatment
Crypto community launched MIRA memecoin to fund treatment for 4-year-old Mira battling a rare brain tumor.
MIRA's market value surged to over $80 million within hours of launch, demonstrating the power of community-driven support.
This initiative showcased the potential of meme coins to have a significant positive impact beyond financial speculation.
In a heartwarming story, the crypto community came together to launch a memecoin for four-year-old Mira, who is battling a rare brain tumor. The token’s market value surged to over $80 million within five hours of its launch, showing the power of unity in the crypto world.
The MIRA meme coin, built on the Solana blockchain, was created to fund Mira’s medical treatment and support research into her rare condition. What started as a financial effort quickly became a symbol of solidarity and hope, showing how the crypto space can unite in times of need.
Siqi Chen, Mira’s father, shared his daughter’s story online, revealing her diagnosis with Adamantinomatous Craniopharyngioma—a rare and aggressive brain tumor. While the tumor is non-cancerous, its location in a critical area of the brain makes treatment extremely challenging.
$MIRA Gains Momentum
Shortly after its launch, $MIRA gained rapid attention. Half of the token’s total supply was sent to Siqi Chen’s wallet to support Mira’s treatment, giving the family both hope and resources. The token’s market cap climbed quickly, demonstrating that memecoins can have real-world impact beyond trading.
Supporting Vital Research
Siqi Chen sold 10% of his MIRA holdings, or 5% of the total supply, raising approximately $49,200. He pledged this amount to the Hankinson Lab at the University of Colorado—the only research facility in North America studying Mira’s specific type of tumor.
After consulting the community, Siqi decided to sell another 10% of his holdings, with the proceeds also going to the lab. To protect the token’s value, he proposed gradually selling small portions daily instead of all at once, an approach the community strongly supported.
With MIRA’s market cap already reaching impressive levels, the community remains optimistic about its growth. Their ambitious goal? A $1 billion market cap. Let’s hope it works out.
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