MIRA Token Emerges as a Potential Catalyst for Philanthropy Through Children’s Brain Tumor Research

  • Meme coins like MIRA showcase their potential to drive meaningful social impact, raising millions for rare brain tumor research.

  • Siqi Chen pledged to donate 100% of MIRA proceeds to charity, turning a $14 million holding into funding for children’s disease research.

  • MIRA’s $80 million market cap and viral success prove meme coins can support causes beyond profit, fostering community-driven philanthropy.

Meme coins are transforming from speculative investments into meaningful contributors to social causes, exemplified by MIRA’s fundraising success.

The MIRA Token: A Social Benefit of Meme Coins

In September 2024, Siqi Chen painfully shared the news that his 4-year-old daughter, Mira, was diagnosed with a brain tumor. Mira was found to have a rare brain tumor known as a craniopharyngioma. Although benign, the tumor was located in an extremely critical part of her brain.

Yet after undergoing surgery, Mira’s health improved.

During her treatment, many well-wishers suggested raising funds for Mira. However, Siqi encouraged supporters to donate to a children’s brain tumor fund instead. What he didn’t expect was that an X user, Waddles, would create a meme coin on Solana called MIRA to support research efforts and send half of its supply to him.

“When I saw the story about Mira and her illness, I thought it would be good to buy and send supply to you with the hopes of getting the Solana community behind a good cause on Christmas. I’m really glad that it worked out the way that it has, and I hope the money helps to find a cure both for Mira and anyone else with her condition,” the Waddles account stated.

Siqi pledged not to keep any of the funds for himself, promising instead to donate 100% of the proceeds to research. He decided to sell 1% of his MIRA holdings daily, consistently updating his personal page with sale reports. Surprisingly, instead of the token’s price dropping, it soared. Siqi was astonished at how the community supported the MIRA token, causing the value of his holdings to exceed $14 million.

“Can someone please explain how this magic internet money works? I am losing my mind,” Siqi exclaimed.

As this story spread on social media, data from GeckoTerminal showed that MIRA’s market cap exceeded $80 million at the time of reporting, with trading volumes surpassing $100 million. The higher MIRA’s price climbed, the more funds Siqi could raise for brain tumor research. This wasn’t purely due to FOMO but also because of the spirit of contributing to a meaningful cause for society.

Mira Meme Coin Market Cap

“A friendly reminder that every dollar you rug from MIRA is a dollar you’re taking away from rare disease research for children because I am not keeping a cent. Not a penny,” Siqi reiterated.

However, numerous fake tokens using images of Siqi Chen’s family have recently appeared on the Pump.fun platform.

MIRA’s price surge proves Vitalik Buterin’s point that meme coins can make meaningful contributions to society and the global community.

Conclusion

Meme coins are not merely a trend but a transformative force in fundraising and community engagement. Siqi Chen’s journey with MIRA highlights how crypto can facilitate philanthropic efforts and support crucial causes. As MIRA continues to evolve, it sets a precedent for future projects looking to combine profit with purpose in the rapidly changing landscape of cryptocurrency.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

KindlyMD’s Nakamoto Pledges Up to $30M to Metaplanet’s $1.4B Bitcoin Treasury Stock Offering

Nakamoto, a subsidiary of Nasdaq-listed healthcare company KindlyMD, has...

Kiln Shuts Ethereum Validators After SwissBorg $41M SOL Hack — 10–42 Day Exit, 9-Day Withdrawals

Kiln, the staking service provider, announced an orderly shutdown...

Ethereum (ETH) Exit Queue Surges to 1.57M ETH (~$67.8B) with 27-Day Wait — 815K ETH Awaiting Activation

The Validator Queue reports that 1,571,241 ETH is currently...

Glassnode: Bitcoin Volatility Slumps to ~30% — Momentum Near Tipping Point, Short-Term Rebound to $114K After $107K Sell-Off

Glassnode's latest market note shows Bitcoin Short-Term Realized Volatility...

Upbit Lists OPEN Token With KRW, BTC and USDT Trading Pairs — Trading Begins Sept 10 at 5:00 PM

COINOTAG News reported on September 10 that Upbit has...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img