The warmest crypto story in the world today is called MIRA, a memecoin that supports brain cancer research.
The crypto community created the MIRA memecoin for a girl with brain cancer, with a capitalization of over $70 million in just a few hours. Image: @blader on X
The memecoin that grew from a capitalization of 0 to $70 million in the past few hours is MIRA, which was created to support the girl of the same name who is fighting brain cancer.
Siqi Chen is an American-born Chinese programmer who is rising on the social network X (Twitter) due to his plea for help for his daughter Mira. In September, Mira was diagnosed with a very difficult-to-treat form of brain cancer that could affect her future. Over the past few months, Mira has relied on the help of doctors at the Hankinson Research Lab at the University of Colorado Hospital to prevent the tumor from growing and find a treatment approach.
if you could press a button that cures your child's brain tumor in exchange for ending your life immediately, every parent would hesitate for zero seconds before fighting to be the first to press it
— Siqi Chen (@blader) December 25, 2024
the cruelest thing is that no such button exists.
but there is always a move 👇 pic.twitter.com/mlAbmeOpvx
On the occasion of Christmas, Mr. Siqi Chen shared his story with the world to seek financial assistance from philanthropists to help the doctors have more resources to research a cure. Chen's post quickly "went viral" on X and reached 2 million views, receiving $75,000 in donations in just a few hours and even attracting the attention of many celebrities.
However, everything changed completely when Mr. Siqi Chen shared the crypto donation addresses in BTC and SOL.
oh man people are really opinionated about their chains.
— Siqi Chen (@blader) December 26, 2024
by popular request, here are SOL and BTC addresses as well:
SOL: C4wwvA1D479e5m6K19fjFrRaCPGzVykSm4pCHqsxgEuw
BTC: bc1q8akwa87ekuyvmyazerc6yxu0nk7j8lyqkpp2wr
Someone has created a memecoin with the MIRA code on Solana and sent half the supply to Siqi Chen. Thanks to the spread of the story, MIRA has quickly caught the attention of investors in the crypto market and been bought in.
uh 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 https://t.co/P78bLq52fB
— Siqi Chen (@blader) December 26, 2024
Just a few hours after its deployment, MIRA has at times reached a capitalization of over $78 million, helping the token holdings of Siqi Chen reach a huge number, something he could not have dreamed of becoming a reality.
Fluctuations in the market capitalization of the MIRA memecoin, screenshot from DEXScreener at 03:35 PM on December 26, 2024
The X account of this person is constantly posting updated screenshots showing the balance increasing by a few million dollars every hour.
The latest posts from the Siqi Chen account. Image: @blader on X
As of now, Siqi Chen's wallet has a total value of $17.7 million, including $16.9 million in MIRA, $412,000 in SOL, and thousands of dollars in other memecoins, including one named after the family's dog, kitkat.
Statistics on the assets in Siqi Chen's wallet. Source: Zapper
He affirms that he will use all the money from MIRA to sponsor the Hankinson Research Lab, declaring that he will not keep a single penny for himself. However, Siqi Chen said he will sell MIRA in small quantities each day (currently planned at 1%) as well as maintain liquidity on DEX platforms to ensure no rug pull on the community, and will also announce all his future actions in advance.
However, there have been many calls for Chen to sell all of MIRA while the price is high to maximize the financial resources to help treat his daughter and other unfortunate patients with the same deadly disease.
He also shared that this is a typical example to refute the claim that "crypto is useless and worthless", as it is helping cancer treatment efforts. The MIRA story also helps to some extent overcome the "ugly images" of this trend, as reported by Coin68.
Compiled by Coin68
