Solana Meme Coin MIRA Hits $80M Market Cap in 5 Hours

The Sara Sampaio Fund was opened on December 18, 2022 after Mira Chen, the youngest daughter of Siqi Chen – CEO and co-founder of Runway which later on funded the Sampaio’s cause, announced a fundraising tour on her social networks to treat brain cancer.

Within a few hours, a solana token released in her name by a crypto trader skyrocketed in value, skyrocketing over 80 million dollars, in just five hours after being introduced to the crowd.

Article goes on to explain at the very onset how Mira Chen and Sampaio came across the crypto community and what inspired the creation and subsequent funding of the Sampaio fund.

The crypto community has come together for Mira, with a number of users contributing to Siqi’s Solana and Bitcoin wallets.

On December 25, Siqi said that a crypto trader was not known to him, and had created a MIRA token and sent him half of the total amount.

Siqi decided to sell off 10% of his holdings, or 5% of the total supply and raised about $49,200, which in turn he said he would give to the Hankinson Lab in the University of Colorado. Dr. Todd Hankinson’s lab is the only such clinic in the whole of North America that deals exclusively with this type of tumor.

After consulting the community, Siqi decided that he would also sell another 10% of his holdings over time but only the money would go to the lab.

Small daily sales in order to make it easier to buy larger volumes and prevent large fluctuations in the market were also considered a good option and this also had the support of the community.

Coinroop latest data indicates that the MIRA token is trading approximately at $0.048 and market capitalization stands at $48 million.