{"id":20017,"date":"2024-12-30T14:33:51","date_gmt":"2024-12-30T12:33:51","guid":{"rendered":"https:\/\/forklog.com\/en\/enthusiast-raises-1-million-for-daughters-brain-cancer-treatment-via-meme-coin\/"},"modified":"2024-12-30T14:33:51","modified_gmt":"2024-12-30T12:33:51","slug":"enthusiast-raises-1-million-for-daughters-brain-cancer-treatment-via-meme-coin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/enthusiast-raises-1-million-for-daughters-brain-cancer-treatment-via-meme-coin\/","title":{"rendered":"Enthusiast Raises $1 Million for Daughter&#8217;s Brain Cancer Treatment via Meme Coin"},"content":{"rendered":"<p>Siqi Chen, founder of the Runway app, launched the meme coin Mira (MIRA) to fund research into his daughter&#8217;s brain tumor.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">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:<\/p>\n<p>0. i\u2019ve 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\u2026 <a href=\"https:\/\/t.co\/Aeggjc7vwH\">pic.twitter.com\/Aeggjc7vwH<\/a><\/p>\n<p>\u2014 Siqi Chen (@blader) <a href=\"https:\/\/twitter.com\/blader\/status\/1872302462629286220?ref_src=twsrc%5Etfw\">December 26, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The uniqueness of the disease meant no prior research had been conducted.<\/p>\n<p>Chen committed to selling MIRA at $1000 every 10 minutes to ensure continuous funding for the Hankinson Lab at the University of Colorado to study this form of cancer.<\/p>\n<p>The Runway founder <a href=\"https:\/\/www.gofundme.com\/f\/help-mira-and-dr-hankinson-find-a-cure\">raised $251,263<\/a> of the $300,000 goal at the time of writing through the GoFundMe platform<strong>.<\/strong><\/p>\n<p>Chen also shared his Ethereum, Solana, and Bitcoin wallets to expand donation options.<\/p>\n<p>Donations exceeded $1 million.<\/p>\n<p>The developer pledged to allocate every cent to rare disease research and provide a report on the operations.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">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:<\/p>\n<p>0. i\u2019ve 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\u2026 <a href=\"https:\/\/t.co\/Aeggjc7vwH\">pic.twitter.com\/Aeggjc7vwH<\/a><\/p>\n<p>\u2014 Siqi Chen (@blader) <a href=\"https:\/\/twitter.com\/blader\/status\/1872302462629286220?ref_src=twsrc%5Etfw\">December 26, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The token launched on the Pump.fun platform saw its market capitalization soar to $80 million, driven by community support and the purchase of 50% of the supply by user Waddles_eth.\u00a0<\/p>\n<p>This contributed to the token&#8217;s viral nature.<\/p>\n<p>Trading volume exceeded $85 million, with 130,000 transactions, making MIRA at one point the most popular small cryptocurrency.<\/p>\n<p>The value of Chen&#8217;s tokens rose from $400,000 to over $18 million.\u00a0<\/p>\n<p>Since December 26, MIRA lost nearly two-thirds of its value, at one point dropping <a href=\"https:\/\/www.coingecko.com\/ru\/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B\/mira-2\">over 80%<\/a>. As of now, the market capitalization has fallen to $18.18 million.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If you made a lot of money, I&#8217;m genuinely happy for you. Please consider donating some of the profits to the Hankinson Lab. If you lost a lot, I&#8217;m very sorry \u2014 but magic internet money is magic internet money,&#8221;<\/em> wrote Chen.<\/p>\n<\/blockquote>\n<p>The community responded positively to the initiative.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I think memecoins are dumb and have no future and I don&#8217;t touch them. But if I wanted to make a case for them I would now know where to start! \u2764\ufe0f <a href=\"https:\/\/t.co\/cIhGZJRtNP\">https:\/\/t.co\/cIhGZJRtNP<\/a><\/p>\n<p>\u2014 Jacob Eliosoff (@JaEsf) <a href=\"https:\/\/twitter.com\/JaEsf\/status\/1872375612444381438?ref_src=twsrc%5Etfw\">December 26, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Memecoins are dumb, they have no future [\u2026]. But if I wanted to make a case for them, I now know where to start,&#8221;<\/em> wrote user JaEsf.<\/p>\n<\/blockquote>\n<p>Initially supportive of the initiative, waddles_eth stated that the outcome met his expectations.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Hi <a href=\"https:\/\/twitter.com\/blader?ref_src=twsrc%5Etfw\">@blader<\/a>, <\/p>\n<p>I&#8217;m the person who sent you 50% of <a href=\"https:\/\/twitter.com\/search?q=%24MIRA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MIRA<\/a> earlier today.<\/p>\n<p>When I saw the story about Mira and her illness, I thought it would be good to buy and send supply to you with the hopes of getting the SOL community behind a good cause on Christmas. I&#8217;m really glad that it\u2026<\/p>\n<p>\u2014 waddles (@waddles_eth) <a href=\"https:\/\/twitter.com\/waddles_eth\/status\/1872146501373444099?ref_src=twsrc%5Etfw\">December 26, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;When I saw the story about Mira and her illness, I thought it would be good to buy and send you a supply of tokens in the hope of rallying the Solana community behind a good cause on Christmas. I&#8217;m very glad it turned out the way it did. I hope the money helps find a cure for Mira and everyone else with her disease,&#8221;<\/em> he concluded.<\/p>\n<\/blockquote>\n<p>Earlier, CoinGecko identified meme coins as the main trend among traders in 2024.<\/p>\n<p>NBC noted their phenomenon as a return to the &#8220;casino era.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Siqi Chen, founder of the Runway app, launched the meme coin Mira (MIRA) to fund research into his daughter&#8217;s brain tumor.\u00a0 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\u2019ve had a lot of very memorable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[306,1161],"class_list":["post-20017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-charity","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20017"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20016"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}