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How Memecoin Assists in the Fight Against Brain Cancer

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by Giorgi Kostiuk

a year ago

The recent launch of the PumpFun memecoin, created to support research for a rare brain cancer, achieved significant market success.

Memecoin for Donations

Siqi Chen, the founder of PumpFun, revealed that his daughter was diagnosed with a rare brain tumor. The lack of financial resources prompted him to create the MIRA token on the PumpFun platform, which quickly caught the interest of crypto enthusiasts. The token's value surged, although it later fell by 80%.

Funds Raised and Research Initiatives

Chen’s GoFundMe page reached 80% of its $300,000 goal, with all proceeds directed to the Hankinson Laboratory at the University of Colorado.

Future of Memecoins and Charity

The PumpFun memecoin demonstrated that memecoins can serve a social good by raising significant funds for an important cause. Its successful start might encourage similar charity initiatives in the crypto world.

I’ve been in the internet world for 30 years and have seen many things, but this is the craziest day of my life.Siqi Chen

The MIRA memecoin proved to be more than just a crypto news item, becoming a symbol of community power and the potential of digital assets to aid those in need.

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