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Degen meme coin merchants have been capable of elevate $1 million by way of a brand new Solana meme coin known as MIRA after Siqi Chen stated his daughter Mira was identified with a uncommon kind of mind most cancers in September and that analysis and funding had “been missing.”
The token was created on Pump.enjoyable, and soared from close to zero to an $80 million market cap yesterday after Chen’s plea. MIRA’s price has since dropped over 80% from its peak to commerce over a cent as of Dec. 27.
Chen Says All MIRA Income Will Go To Uncommon Illness Analysis
Chen commented on the overwhelming assist from the Solana group in a Dec. 26 X submit. “I’ve had a number of very memorable days on the web over the previous 30 years, however this one tops all of them,” he wrote within the submit. He added that he and his spouse are “unbelievably grateful” to the Solana group for his or her assist.
it is a lengthy learn, however i had a while to suppose over dinner and needed to share a couple of ideas and supply a plan ahead:
0. i’ve had a number of very memorable days on the web over the previous 30 years, however this one tops all of them. my spouse yi and that i are unbelievably grateful to… pic.twitter.com/Aeggjc7vwH
— Siqi Chen (@blader) December 26, 2024
Chen then went on to say that 100% of the income that was generated from all of the “kitkat/memecoin” tokens together with liquidity pool charges will likely be going on to uncommon illness analysis.
Initially, Chen and his spouse deliberate to lift between “$2 – 300K” by way of a gofundme web page to donate to Hankinson Lab on the College of Colorado for Christmas. Nevertheless, he stated within the X submit that they’ll now be capable of donate a minimum of $1 million even when he doesn’t “promote a single token extra.” The gofundme marketing campaign he arrange has raised 80% of its $300,000 aim.
Chen Plans To Liquidate $1,000 Each 10 Minutes
In his X submit, Chen additionally stated that his plan going ahead is to liquidate $1,000 price of MIRA each 10 minutes, perpetually. If this plan modifications, he stated that he’ll notify the group 24 hours upfront in an effort to keep up predictability and belief.
He added that he doesn’t care if merchants wish to “rug” the newly-created meme coin, as a result of he has already raised rather more than his preliminary $200K goal for uncommon illness analysis.
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