Solana meme coin MIRA soars to $80M market cap in 5 hours as neighborhood rallies round courageous little lady

Key Takeaways

The MIRA token reached an $80 million market cap inside 5 hours, impressed by Mira Chen’s story.
Siqi Chen pledged to donate $49,200 from his token holdings to thoughts tumor evaluation on the Hankinson Lab.

Little Mira, a four-year-old going by means of a unusual thoughts tumor with unimaginable energy, has touched the hearts of the crypto neighborhood. In help of Mira and her ongoing battle, a crypto vendor created a Solana token named after her, and its market price shortly surpassed $80 million inside merely 5 hours of its launch.

Mira, typically often known as Mira Chen, is the youngest daughter of Runway CEO and co-founder Siqi Chen. She was recognized with Adamantinomatous Craniopharyngioma, a unusual thoughts tumor, in late September sooner than her second birthday, Siqi shared in earlier posts.

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

On December 25, Siqi disclosed {{that a}} “random” crypto vendor created the MIRA token and despatched half of all the present to him.

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

Siqi talked about he decided to advertise 10% of his holdings, equal to 5% of all the token present, producing roughly $49,200 which he pledged to donate to the Hankinson Lab on the Faculty of Colorado. The lab, led by Dr. Todd Hankinson, is the one evaluation facility in North America centered on the type of tumor.

Following a neighborhood poll, Siqi stated that he would liquidate an additional 10% of his holdings. The proceeds may even be donated to the evaluation lab, he added.

“This poll obtained so I’m liquidating 50m. I’ll take no extra movement for the following 24 hours so what happens what happens?” Siqi well-known, describing it as a result of the “craziest day” of his life.

Siqi added that he was considering selling a small portion of his holdings daily, step-by-step offloading his stash with out inflicting a sudden price drop. The neighborhood overwhelmingly supported this technique.

“I’ll determine to selling like 1% daily and I nonetheless obtained’t be shifting one thing until tomorrow,” he stated.

On the time of reporting, the MIRA token was shopping for and promoting at spherical $0.048 with a market cap of $48 million, in step with info from GeckoTerminal.