Solana Community Raises $18M for Cancer-Afflicted Girl Using a Memecoin

Crypto has once again shown itself helpful in addressing real-world problems. This time, members of the Solana community have pooled their efforts to support a four-year-old girl who was recently diagnosed with a cancerous brain tumor and others with a similar illness. Here’s how they did this.

going to take the family out for christmas dinner hope this is worth at least $1.80 when i get back pic.twitter.com/41rp8D2jig

— Siqi Chen (@blader) December 26, 2024

MIRA Memecoin Used as Fundraiser

In September, Runway’s CEO, Siqi Chen, took to X the shocking revelation that his four-year-old daughter, Mira, was recently diagnosed with a brain tumor called a craniopharyngioma. Mira has received treatment from Dr. Todd Hankinson of the Hankinson Lab. Chen stated that this is the only medical lab specializing in this illness.

After initial efforts from people to create a fundraiser for Mira, her father noted that they are well-to-do financially. At the time, he urged people to donate to the Children’s Brain Tumor Foundation, a group dedicated to assisting those with the illness.

Yesterday, he beckoned everyone to support Hankinson Lab’s research efforts, adding that this would help the laboratory create promising medications to combat the illness. As many crypto natives requested, he shared his SOL and BTC wallet addresses.

Less than six hours ago, a user with the X handle, Waddles, launched a Solana-based memecoin called MIRA and sent 50% of its supply to Chen.

Hi @blader,

I’m the person who sent you 50% of $MIRA earlier today.

When I saw the story about Mira and her illness, I thought it would be good to buy and send supply to you with the hopes of getting the SOL community behind a good cause on Christmas. I’m really glad that it…

— waddles (@waddles_eth) December 26, 2024

In only six hours, the Solana-based meme token has amassed a market capitalization of over $61 million from over 16,390 token holders. Its price has also soared by 640% in a few hours, bringing its price at the time of writing to $0.0608. Chen noted that he would funnel all the proceeds to the Hankinson Lab by withdrawing the tokens in bits. As of this writing, the Solana community efforts have taken the MIRA holdings to over $18 million.

Interestingly, another memecoin emerged three hours ago called HLAB to support the Hankinson Lab. At the time of writing, the meme token held a market cap of $1.72 million.