In a heartwarming show of solidarity, the crypto community has rallied to support four-year-old Mira Chen, who is battling a rare brain tumor. A Solana-based token named MIRA, launched in her honor, reached a staggering market value of over $80 million within just five hours of its debut.
Mira’s Journey and the Crypto Community’s Response
Mira, the youngest daughter of Runway CEO Siqi Chen, was diagnosed with Adamantinomatous Craniopharyngioma, a rare and dangerous brain tumor, before she turned two. Despite being classified as benign, the tumor is located in a critical area of the brain and is associated with severe quality-of-life outcomes.
On social media, Siqi shared Mira’s story and appealed for help in funding research for potential treatments.
- Siqi’s Post:
“On 9/23, Mira was diagnosed with a rare brain tumor called a craniopharyngioma. While benign, it is located in an extremely dangerous area of the brain and associated with the worst quality-of-life outcomes of all survivable brain tumors,” he wrote on X.
Siqi further mentioned the progress of a research team exploring promising new drugs for Mira’s condition and asked for donations to advance their efforts.
Birth of the MIRA Token
The crypto community responded with overwhelming support, including direct donations to Siqi’s Solana and Bitcoin wallets. The initiative took an unexpected turn when an anonymous trader created the MIRA token on Solana’s blockchain to aid the cause.
- Token Launch and Value Surge:
The trader sent half of the token’s total supply to Siqi. Within hours, the MIRA token reached a market value of $80 million.
Siqi, initially unsure about how to handle this gesture, decided to sell 10% of his holdings, raising approximately $49,200, which he pledged to the Hankinson Lab at the University of Colorado, the only North American facility researching Mira’s condition.
Following a community poll, Siqi committed to selling an additional 10% of the tokens, with proceeds going to the same lab. He emphasized a cautious approach to avoid market disruption.
Impact and Token’s Current Standing
As of the latest update, the MIRA token trades at $0.043 with a market cap of $43 million, according to DEX Screener.
Meme Coins With a Purpose
The platform Pump.fun, used to create the MIRA token, highlighted the power of crypto for good:
“Over $400k cash and millions in tokens have been raised in just a few hours for a good cause through a memecoin.”
This incredible outpouring of support demonstrates that the crypto world, often criticized for speculation, can also foster meaningful contributions to society.
Meme Coins in 2024
Meme coins have dominated the crypto landscape in 2024, capturing nearly a third of investor interest. The story of MIRA stands out as an example of how these tokens can serve a higher purpose beyond financial speculation.
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