MIRA Meme Coin, Created for Little Girl with Brain Tumor, Surges Over 700% After ‘God Candle’ Formation

MIRA Meme Coin, Created for Little Girl with Brain Tumor, Surges Over 700% After 'God Candle' Formation

The MIRA meme coin, which has surged over 700% since its launch, has become a symbol of hope for funding research into a rare brain tumor that affects Siqi Chen’s four-year-old daughter, Mira. The coin, built on the Solana blockchain, was created after Chen shared a heartfelt post detailing Mira’s diagnosis with craniopharyngioma, a rare and difficult-to-treat brain tumor. In his post, Chen appealed to the community to donate to research being conducted by Dr. Todd Hankinson, a leading expert in the field from the University of Colorado.

After the post went viral, reaching more than 133,000 users, the crypto community rallied around the cause, with many supporters asking how they could help. It was soon after that a meme coin was launched in Mira’s name to raise funds for the research. Within minutes of its launch on December 26, the coin’s price skyrocketed by 710%, accumulating a market cap of $72 million and a liquidity of $7.2 million, with a trading volume of $16.4 million.
Price chart for the meme coin MIRA in the past 24 hours of trading, December 26, 2024

Siqi Chen, who received half of the initial coin supply worth $400,000, stated that while he hesitated to sell the tokens, he decided to sell only 10% of the supply. He pledged that 5% of the proceeds would be used for Hankinson’s research, totaling around $49,263. He clarified that his family would not benefit financially from the coin, and all funds raised would directly support research to find a cure for Mira’s tumor.

Chen emphasized that despite the skepticism surrounding meme coins, the MIRA token’s purpose was a legitimate use case for crypto – to fund rare disease research. The coin has sparked significant interest and support, as people see it as a way to contribute to a cause while also participating in the rapidly growing world of cryptocurrency. The success of MIRA is a testament to the power of the crypto community coming together for a meaningful and life-changing cause.

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