Solana Based Meme Coin Named After 4-Year-Old Suffering From Rare Brain Tumor Soars To $80 Million Market Cap

A Solana meme coin named after Mira Chen, a four-year-old with a rare brain tumor, has a $80 million market cap.

A crypto trader created a meme coin called “Mira” after reading her father’s Siqi Chen long-form post about her rare brain tumor.

Siqi Chen wrote, “On 9/23, Mira was diagnosed with a rare brain tumor called a craniopharyngioma.”

He added, “While benign, it is located in an extremely dangerous area of the brain and associated with the worst quality of life outcomes out of all survivable brain tumors.”

Chen later wrote about given some of the supply of Mira and wrote, “So some random guy 20 minutes made a SOL memecoin called $MIRA to help with research fundraising and sent me half the entire supply and it’s now worth like $400K and i literally don’t know what to do because i certainly don’t want to rug a bunch of random people.”

so after a few minutes of thought, here's what i plan on doing:

i intend to i sell 10% of my supply some time today to contribute to Hankinson Lab and hold the rest. that comes out to 5% of total supply.

i will not sell anything more without announcing 24 hours in advance.

— Siqi Chen (@blader) December 26, 2024

Here’s what Crypto News reported:

The crypto community has united in support of four-year-old Mira Chen, who is suffering from a rare brain tumor.

A Solana token named “MIRA,” created by a crypto trader in her honor, saw its market value soar to over $80 million within just five hours of launch.

Mira, the youngest daughter of Runway CEO Siqi Chen, was diagnosed with Adamantinomatous Craniopharyngioma, a rare brain tumor, before her second birthday.

Siqi shared her journey on social media, drawing widespread attention and support from the crypto world.

“On 9/23, Mira was diagnosed with a rare brain tumor called a craniopharyngioma,” he wrote on X.

“While benign, it is located in an extremely dangerous area of the brain and associated with the worst quality of life outcomes out of all survivable brain tumors.”

He added that, while there is still no cure, the research team has identified promising new drugs for Mira’s tumor. He then asked for donations to help the research proceed.

As the story went viral, donations poured into Siqi’s Solana and Bitcoin wallets, and the community’s response reached new heights when an anonymous trader launched the MIRA token.

The trader sent half of the token’s supply to Siqi, who was taken aback by the gesture.

“So some random guy 20 minutes made a SOL memecoin called $MIRA to help with research fundraising and sent me half the entire supply and it’s now worth like $400K and i literally don’t know what to do because i certainly don’t want to rug a bunch of random people,” Siqi wrote.

Siqi decided to sell 10% of his holdings, representing 5% of the total token supply, raising approximately $49,200.

okay look i feel it would be irresponsible not to sell another 10% for the benefit of hankinson lab. i am going to do a poll for the next 10 minutes.

if SELL wins i will liquidate another 10%.

i refuse to rug.

— Siqi Chen (@blader) December 26, 2024

Per Crypto Briefing:

Mira, also known as Mira Chen, is the youngest daughter of Runway CEO and co-founder Siqi Chen. She was diagnosed with Adamantinomatous Craniopharyngioma, a rare brain tumor, in late September before her second birthday, Siqi shared in earlier posts.

The crypto community has strongly rallied behind Mira’s story. Crypto users have donated funds to Siqi’s Solana and Bitcoin addresses.

On December 25, Siqi disclosed that a “random” crypto trader created the MIRA token and sent half of the total supply to him.

“It’s now worth like $400K and I literally don’t know what to do because I certainly don’t want to rug a bunch of random people,” Siqi said.

Siqi said he decided to sell 10% of his holdings, equivalent to 5% of the total token supply, generating approximately $49,200 which he pledged to donate to the Hankinson Lab at the University of Colorado. The lab, led by Dr. Todd Hankinson, is the only research facility in North America focused on this type of tumor.

Following a community poll, Siqi stated that he would liquidate an additional 10% of his holdings. The proceeds will also be donated to the research lab, he added.

“This poll won so I am liquidating 50m. I will take no further action for the next 24 hours so what happens what happens?” Siqi noted, describing it as the “craziest day” of his life.

Siqi added that he was considering selling a small portion of his holdings each day, gradually offloading his stash without causing a sudden price drop. The community overwhelmingly supported this approach.

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