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Father Pledges $1M to Cancer Research After Charity Meme Coin Skyrockets to $80M Market Cap
In a remarkable display of philanthropy, the father of a young girl battling a rare brain tumor has pledged an astonishing $1 million donation to support cancer research after the charity meme coin he inspired skyrocketed to an unprecedented market capitalization of $80 million.
The impromptu cryptocurrency windfall was triggered by Siqi Chen’s initial post on X, where he sought donations for his daughter Mira’s treatment. The outpouring of support from the crypto community led to the creation of a charity meme coin named after his beloved dog KitKat.
Chen’s remarkable announcement comes just days after the project surpassed all expectations, with the MIRA token reaching an astonishing $80 million market capitalization. This sudden surge in value has enabled Chen to not only exceed his initial goal of raising $200,000 but also surpass it by a staggering factor of four.
The tech executive has promised to sell $1,000 worth of MIRA every 10 minutes indefinitely, ensuring that the funds generated from this initiative are channeled directly into rare disease research. It is noteworthy that Chen’s commitment to charity has not been hindered by the decline in MIRA’s value, currently stabilizing at around $14 million.
The astonishing success of this meme coin serves as a testament to the power of unity and generosity within the cryptocurrency community.
Source: cryptopotato.com
