A distraught father whose daughter has a rare brain tumor was pleasantly surprised by a multimillion-dollar memecoin gift on Christmas day after starting a campaign to raise money for research into a cure for the disease.

Multimillion-Dollar Memecoin Christmas Gift Will Fund Clinical Trials

Siqi Chen, co-founder of finance platform Runway, wakes up every day to a reality many parents would consider their biggest fear – a four-year-old daughter with an incurable brain tumor.

Last September, Mira, Chen’s daughter, was diagnosed with craniopharyngioma, a benign brain tumor that can cause nausea, vomiting, vision problems, headaches, and many other serious symptoms. It may not be terminal, but it does severely impact one’s quality of life.

Chen subsequently consulted Dr. Todd Hankinson, a pediatric neurosurgeon at the University of Colorado who runs the only lab in the world specializing in craniopharyngioma research. Hankinson enrolled Mira in a clinical trial that could help her manage the tumor and Chen was inspired to not only donate to Hankinson’s lab, but also raise money to help fund more research into finding a cure for the disease.

This is where so-called crypto memecoin “degens” come into the picture. When Chen published a post on X promoting a Gofundme campaign to raise funds for Hankinson’s lab, memecoiners came up with an even better plan – create a memecoin named MIRA to raise millions for the cause.

“Some random guy twenty minutes [ago] made a SOL memecoin called $MIRA to help with research fundraising and sent me half the entire supply,” Chen posted on X on Christmas day. “It’s now worth like $400,000 and I literally don’t know what to do because I certainly don’t want to rug a bunch of random people,” he added.

The token skyrocketed to a market capitalization of more than $80 million yesterday, and Chen’s holdings topped $18,000,000 – significantly more than the $300,000 goal he had set for himself on Gofundme.

(Siqi Chen/X)

“I’ve had a lot of very memorable days on the Internet over the past 30 years, but this one tops them all,” Chen posted on X yesterday. “One hundred percent of every penny we’ve made from this…will be going directly to rare disease research (minus any tax obligations).”

The husband and father of two promised transparency and said he would be liquidating $1,000 worth of MIRA every 10 minutes, presumably until the token supply is exhausted.

Some early investors made money off MIRA but Chen didn’t seem troubled by it. “A lot people seem very upset that early traders made a lot of money off $MIRA,” Chen said, “I don’t get this at all. They made a good investment early, and got rewarded for it, good on them.”

It also appears other variants of the token have surfaced – Mira’s dog (kitkat), Mira’s dad (SIQI), and Mira’s mom (Suny). Some of them like kitkat appear to have also been donated to Chen, but it’s not clear if all of them were created with noble intentions.

Bitcoin.com reached out to Chen for comment but he had not responded at the time of publication. MIRA had a market cap of roughly $9 million and was trading at $0.009217 at the time of reporting, according to memecoin site pump.fun.

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