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MIRA Memecoin: A Charitable Phenomenon of the Crypto Market

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by Giorgi Kostiuk

a year ago

While memecoin popularity grows, the story of MIRA became something more—an astonishing event in the crypto world that gained widespread attention.

The Beginning

Siqi Chen, founder of the Runaway platform, sought to bring attention to his daughter Mira's battle with a rare brain tumor. His appeal led to the creation of the MIRA memecoin on the Pump.Fun platform as a symbol of support for rare children's disease research.

Phenomenal Growth

The MIRA memecoin quickly reached a market cap of $80 million. A significant amount, 50% of the supply, was bought by X user 'Waddles eth' and transferred to Chen's project wallet. This move allowed MIRA to reach its peak price, despite a subsequent 80% drop.

Tangible Changes

The MIRA project raised over $1 million for brain tumor research. Chen also called for donations to the Hankinson Laboratory at the University of Colorado. The response was emotionally significant for him, marking 'the most unforgettable day on the internet in 30 years.'

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.Siqi Chen

The MIRA story demonstrates how cryptocurrency initiatives can become a powerful tool for charity, uniting humanity around important causes.

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