According to a report by The Block, Siqi Chen, the CEO and CFO of the startup financial platform Runway, posted yesterday calling for donations to support the Ccancer laboratory located at the University of Colorado. This laboratory is the only institution in North America researching pediatric craniopharyngioma, a condition afflicting Siqi Chen's young daughter, Mira. Thanks to the retweets and promotions from several well-known X platform users, including CEO Linda Yaccarino, as of the time of this writing, the fundraising initiated by Siqi Chen on GoFundMe has surpassed $230,000. Unexpectedly, a user from Pump.Fun created a meme coin named Mira, which once had a market cap of $80 million. Fortunately, X user Waddles quickly purchased and gifted Siqi Chen 50% of this coin after its issuance, instantly increasing his holdings' value to several million dollars. However, when Siqi Chen announced plans to gradually sell off these Mira coins and donate all proceeds to the laboratory, the coin's market cap began to decline. Siqi Chen disclosed his selling plan on the X platform: “Starting around 3 AM UTC on December 27, I will sell $1,000 worth of Mira coins every 10 minutes, without interruption. If the plan changes, I will notify 24 hours in advance.” He acknowledged that some traders might profit from this without intending to donate, but overall, he believes the event has had a positive impact. He revealed, “Our original goal was to raise $200,000, but in the end, we will raise at least $1 million for rare disease research. This is undoubtedly a victory for the world.” As of the time of this writing, the market cap of the Mira coin has dropped to around $19 million. Meanwhile, a meme coin named after Mira's dog, “kitkat,” briefly reached a market cap of $3 million but has now fallen to about $150,000. Siqi Chen stated, “Every penny we earn from the kitkat/meme coin, including LP fees, after taxes will be directly used for rare disease research.”