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  • 27 Dec 24

Meme Coin MIRA Raises $14 Million for Rare Brain Tumor Research

In December 2024, the meme coin MIRA launched on the Solana blockchain, inspired by the story of four-year-old Mira Chen, who was diagnosed with a rare benign brain tumor.

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In December 2024, the meme coin MIRA launched on the Solana blockchain, inspired by the story of four-year-old Mira Chen, who was diagnosed with a rare benign brain tumor. The token, created by an X user known as Waddles, became a way to gather funds for researching rare diseases.

Waddles got the idea for MIRA after learning about the Chen family’s situation. Half of the tokens were sent to Mira’s father, entrepreneur Si Qi Chen, to encourage the crypto community to support this crucial cause. Chen, in turn, pledged to allocate 100% of the proceeds to researching pediatric brain tumors.

Chen sold 1% of his tokens daily, publishing reports on those sales. Rather than causing the coin’s price to drop, it began climbing quickly. MIRA’s market cap reached $80 million, with trading volume surpassing $100 million. At the time of writing, those figures had declined to $15.5 million and $68 million, respectively. Thanks to community support, Chen raised over $14 million for charity.

MIRA to USD Price Chart. Source: Dexscreener
MIRA to USD Price Chart. Source: Dexscreener

The MIRA story demonstrates that cryptocurrencies can be used not only for speculation but also to address real-world social challenges, according to community members. The token’s price surge was driven not merely by market dynamics, but also by people’s desire to contribute to the fight against rare diseases.

At the same time, MIRA’s success attracted scammers who started issuing fake tokens, using images of the Chen family. Chen noted that every theft of such funds is a direct blow to financing research.

This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.

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