A charity-themed memecoin called MIRA raised over $1 million for brain tumor research following a father's appeal about his daughter's battle with a rare brain tumor. The memecoin, launched on the Pump.Fun platform after Siqi Chen shared his daughter Mira's diagnosis, surged to an $80 million market capitalization shortly after its debut. Despite an 80% price drop since its peak, the initiative has garnered significant community support, resulting in substantial trading volumes of nearly $100 million. Chen's approach includes selling $1,000 worth of MIRA every 10 minutes to maintain funding for research at the University of Colorado's Hankinson Lab. The reaction to the event has been positive, highlighting how memecoins can impact charitable causes, even amidst the volatility typical of the memecoin market. Prominent figures in the crypto community recognize the potential for such tokens to mobilize support for important issues, showcasing the diverse uses of cryptocurrency beyond traditional investment.

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