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Meme Coin for Siqi Chen's Daughter Surges Past $20 Million Market Cap, Raising $10 Million for Brain Tumor Research

Dec 26, 2024, 04:27 AM

The cryptocurrency community has mobilized to support Siqi Chen's daughter, Mira, who is facing a medical condition that requires additional research. A meme coin created in her name has seen a surge in popularity, achieving a market capitalization of over $20 million. Proceeds from this initiative are directed towards rare disease research, with estimates suggesting that the fundraising effort could raise more than $5 million. Approximately 50% of the meme coin's supply has been sent to Siqi Chen as part of the fundraising effort, demonstrating a unique use of cryptocurrency for charitable purposes.