The token was created by an anonymous trader who wanted to help raise funds for the treatment of a girl named Mira Chen, who suffers from a rare form of brain tumor.
Mira Chen is the youngest daughter of Siqi Chen, the CEO of the research company Runway. After her diagnosis became known, the crypto community joined forces to support the family by transferring various cryptocurrencies to the girl’s father.
Siqi Chen reported that an unknown trader created the MIRA token and transferred half of the issued coins to him. The market value of these assets is currently $400,000. Chen decided to sell 10% of the received tokens, which is equivalent to 5% of the total supply, for $49,200.
These funds will be sent to the Hankinson Lab at the University of Colorado. The lab specializes in studying rare types of brain tumors, including the one that Mira Chen was diagnosed with.
Later, after conducting a survey among MIRA community members, Siqi Chen decided to sell another 10% of the tokens. These funds will also be used to support scientific research in the field of treating rare diseases.
To avoid a sharp drop in the value of the memecoin, Siqi Chen plans to sell 1% of his tokens daily. This approach was approved by the majority of community members, who expressed solidarity with the Chen family and supported the fundraising initiative.