MIRA Meme Coin Traders Raise $1 Million For Rare Cancer Research After A Father’s Plea

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Degen
meme
coin
traders
were
able
to
raise
$1
million
through
a
new
Solana
meme
coin
called
MIRA
after
Siqi
Chen
said
his
daughter
Mira
was
diagnosed
with
a
rare
type
of
brain
cancer
in
September
and
that
research
and
funding
had
“been
lacking.”


The
token
was
created
on
Pump.fun,
and
soared
from
near
zero
to
an
$80
million
market
cap
yesterday
after
Chen’s
plea.
MIRA’s



price


has
since
dropped
over
80%
from
its
peak
to
trade
over
a
cent
as
of
Dec.
27. 

Crypto community creates memecoin MIRA for girl with brain cancer, market Capital exceeds 70 million...


Chen
Says
All
MIRA
Revenue
Will
Go
To
Rare
Disease
Research 


Chen
commented
on
the
overwhelming
support
from
the
Solana
community
in
a
Dec.
26
X
post.
“I’ve
had
a
lot
of
very
memorable
days
on
the
internet
over
the
past
30
years,
but
this
one
tops
them
all,”
he
wrote
in
the
post.
He
added
that
he
and
his
wife
are
“unbelievably
grateful”
to
the
Solana
community
for
their
support.


Chen
then
went
on
to
say
that
100%
of
the
revenue
that
was
generated
from
all
the
“kitkat/memecoin”
tokens
including
liquidity
pool
fees
will
be
going
directly
to
rare
disease
research.


Initially,
Chen
and
his
wife
planned
to
raise
between
“$2

300K”
through
a
gofundme
page
to
donate
to
Hankinson
Lab
at
the
University
of
Colorado
for
Christmas.
However,
he
said
in
the
X
post
that
they
will
now
be
able
to
donate
at
least
$1
million
even
if
he
does
not
“sell
a
single
token
more.”
The



gofundme


campaign
he
set
up
has
raised
80%
of
its
$300,000
goal.


Chen
Plans
To
Liquidate
$1,000
Every
10
Minutes


In
his
X
post,
Chen
also
said
that
his
plan
going
forward
is
to
liquidate
$1,000
worth
of
MIRA
every
10
minutes,
perpetually.
If
this
plan
changes,
he
said
that
he
will
notify
the
community
24
hours
in
advance
in
an
effort
to
maintain
predictability
and
trust.


He
added
that
he
does
not
care
if
traders
want
to
“rug”
the
newly-created



meme
coin
,
because
he
has
already
raised
much
more
than
his
initial
$200K
target
for
rare
disease
research.


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