“Runway app founder Xi Qi Chen has launched the meme coin Mira (MIRA) to fund his daughter’s brain tumor research. Due to the uniqueness of the disease, its research was not conducted. Chen pledged to sell $1,000 of MIRA every 10 minutes to keep funds flowing to Hankinson’s lab at the University of Colorado to study this form of cancer. Founder Runway has raised $251,263 of the $300,000 needed at the time of writing via […]”, — write: businessua.com.ua
Runway app founder Xi Qi Chen has launched the meme coin Mira (MIRA) to fund his daughter’s brain tumor research.
Because of the uniqueness of the disease its research was not conducted.
Chen pledged to sell $1,000 of MIRA every 10 minutes to keep funds flowing to Hankinson’s lab at the University of Colorado to study this form of cancer.
Runway’s founder has raised $251,263 of the $300,000 needed at the time of writing via the GoFundMe platform.
Chen also published his Ethereum, Solana and Bitcoin wallets to expand the support options.
The amount of donations exceeded $1 million.
The developer pledged to direct everything to the last cent to research rare diseases and present a report on the operations.
this is a long read, but I had some time to think over dinner and wanted to share a few thoughts and provide a plan forward:
0. i’ve had a lot of very memorable days on the internet over the past 30 years, but this one tops them all. my wife yi and i are unbelievably grateful to… pic.twitter.com/Aeggjc7vwH
— Siqi Chen (@blader) December 26, 2024
The capitalization of the token launched on the Pump.fun platform soared to $80 million thanks to community support and the purchase of 50% of the offer by the user Waddles_eth.
This ensured the viral nature of the token.
The trading volume exceeded $85 million, the number of transactions — 130,000 transactions, which made MIRA the most popular small cryptocurrency at a certain stage.
The value of tokens owned by Chen has grown from $400,000 to more than $18 million.
Since December 26, MIRA has lost almost two-thirds of its value, at one point the drop exceeded 80%. By the current moment, the capitalization has dropped to $18.18 million.
“If you’ve made a lot of money, I’m really happy for you. Please consider donating a portion of the proceeds to the Hankinson Lab. If you lost a lot, I’m really sorry — but magic internet money is magic internet money,” Chen wrote.
The community responded positively to the initiative.
I think memecoins are dumb and have no future and I don’t touch them. But if I wanted to make a case for them I would now know where to start! ❤️ https://t.co/cIhGZJRtNP
— Jacob Eliosoff (@JaEsf) December 26, 2024
“Memcoins are stupid, they have no future […]. But if I wanted to make a case for them, I now know where to start,” wrote a user with the nickname JaEsf.
waddles_eth, who originally supported the initiative, said the result lived up to his expectations.
Hi @blader,
I’m the person who sent you 50% of $MIRA earlier today.
When I saw the story about Mira and her illness, I thought it would be good to buy and send supplies to you with the hopes of getting the SOL community behind a good cause on Christmas. I’m really glad that it…
— waddles (@waddles_eth) December 26, 2024
“When I saw the story about Meera and her illness, I thought it would be a good idea to buy and send you a supply of tokens in hopes of getting the Solana community involved in a good cause this Christmas. I’m very glad that everything turned out the way it did. I hope that the money will help find a cure both for Meera and for all other people with her disease,” he concluded.
As a reminder, CoinGecko called meme coins the main trend among traders in 2024.
NBC celebrated their phenomenon as a return to the “casino era”.
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