#Cryptotrends2025 Memecoin Degens Raise Millions for Rare Cancer Research Following Father's Plea
A profit-making opportunity generated nearly $100 million in trading volumes for a charity-themed memecoin. While some speculators lost money, the effort paid off for the original cause.
What to know
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A memecoin called MIRA was created on Pump.fun after Siqi Chen, the founder of Runway, shared his daughter Mira's battle with a rare brain tumor.
The token quickly climbed from zero to an $80 million market cap, largely due to community support and the distribution of 50% of its supply to Chen by user X @Waddles_eth.
Despite an 80% drop in price from its Thursday peak, MIRA raised over $1 million for brain tumor research.
Chen pledged to sell $1,000 worth of MIRA every 10 minutes to ensure funds continued to flow to the Hankinson Lab at the University of Colorado.
