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Degen meme coin merchants had been in a position to increase $1 million by a brand new Solana meme coin referred to as MIRA after Siqi Chen mentioned his daughter Mira was recognized 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 value 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 help from the Solana neighborhood in a Dec. 26 X submit. “I’ve had lots 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 neighborhood for his or her help.
this can be a lengthy learn, however i had a while to suppose over dinner and needed to share a number of ideas and supply a plan ahead:
0. i’ve had lots 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 can be going on to uncommon illness analysis.
Initially, Chen and his spouse deliberate to boost between “$2 – 300K” by a gofundme web page to donate to Hankinson Lab on the College of Colorado for Christmas. Nonetheless, he mentioned within the X submit that they may now have the ability to donate at the very least $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 objective.
Chen Plans To Liquidate $1,000 Each 10 Minutes
In his X submit, Chen additionally mentioned that his plan going ahead is to liquidate $1,000 price of MIRA each 10 minutes, perpetually. If this plan modifications, he mentioned that he’ll notify the neighborhood 24 hours upfront in an effort to take care of 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 way more than his preliminary $200K goal for uncommon illness analysis.
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