• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

$MIRA: How a Charity Memecoin Raised Over $1 Million for Research

user avatar

by Giorgi Kostiuk

6 months ago


The charity memecoin $MIRA became a sensation in the crypto space, raising over a million dollars for rare brain tumor research.

The Story Behind $MIRA

In September 2024, Siqi Chen, founder of Runway, announced a personal tragedy: his 4-year-old daughter, Mira, was diagnosed with craniopharyngioma, a rare brain tumor. Following a successful surgery, he called for donations to children's brain tumor research. This led to the creation of the $MIRA memecoin on the Solana blockchain, becoming the center of fundraising efforts.

How $MIRA Took Off

An anonymous X user, Waddles, created the $MIRA token and sent half the supply to Chen, rallying the Solana community to support the cause. The memecoin quickly gained traction, with traders joining in. Chen pledged to donate all funds to research at the Hankinson Lab at the University of Colorado, maintaining transparency by liquidating 1% of his holdings daily and sharing updates online.

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 SOL community behind a good cause on Christmas.Waddles

Unprecedented Growth and Aftermath

The $MIRA token’s value soared, peaking at a $80 million market cap with volumes over $100 million. Despite a later drop, stabilizing around $20 million, the funds raised surpassed expectations. The community celebrated the initiative, recognizing the potential of memecoins for social good.

…at the end of the day we set out to raise $200K and we will end up with at least $1M towards rare disease research.Siqi Chen

The $MIRA project illustrated how cryptocurrencies can power charitable initiatives, raising substantial funds for a vital cause. The community's engagement highlighted the potential of memecoins in the social sphere.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Predictions for XRP and the Rise of New Token Remittix

chest

Analyzing fresh forecasts for XRP and the emergence of Remittix token in the PayFi landscape.

user avatarGiorgi Kostiuk

WazirX Provides Details on Proposed Legal Arrangement Amid Community Frustrations

chest

WazirX shares updates on its legal process in Singapore and user frustrations over lack of resolutions.

user avatarGiorgi Kostiuk

Copyleft Licenses: Vitalik Buterin on Safeguarding Open Source

chest

Ethereum founder Vitalik Buterin advocates for copyleft licenses to maintain open collaboration in the crypto industry.

user avatarGiorgi Kostiuk

SharpLink Gaming's Plan: $425 Million Ethereum Treasury

chest

SharpLink Gaming has announced a treasury strategy reserving $425 million in Ethereum, potentially altering crypto asset perceptions.

user avatarGiorgi Kostiuk

Graphite Protocol Token Market Cap Hits $1.2 Billion

chest

The market cap of Graphite Protocol token reached $1.2 billion, with a 22.2% price increase in 24 hours.

user avatarGiorgi Kostiuk

Garlinghouse Testifies: The Need for Clear Rules in Cryptocurrency

chest

Ripple CEO Brad Garlinghouse will testify before the U.S. Senate, addressing the urgent need for clear regulations in the crypto market.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.