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Memecoin Degens Raise Millions for Rare Cancer Research After a Father’s Plea
What to know:
A memecoin named MIRA was created on Pump.fun after Siqi Chen, the founder of Runway, shared his daughter Mira's battle with a rare brain tumor.
The token quickly escalated from zero to an $80 million market capitalization, largely due to community support and the distribution of 50% of its supply to Chen by X user @Waddles_eth.
Despite an 80% drop in price from its Thursday peak, MIRA raised over $1 million for brain tumor research.
Chen committed to selling $1,000 worth of MIRA every 10 minutes to ensure funds continued flowing to the Hankinson Lab at the University of Colorado.
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