MIRA Memecoin raises millions for cancer research - Altcoin Buzz

In a matter of hours, the price of MIRA soared from one penny to eight cents. The trading volume totaled more than 85 million dollars and the number of transactions exceeded 130000, making it the most popular small #token of the day. Despite the excitement, MIRA's price eventually fell 80%, but fundraising efforts have already raised more than $1 million for brain tumor research at the University of Colorado's Hankinson Institute.
$MIRA has gained so much momentum that we've created a group on Telegram All news about MIRA and Hankinson Labs will first be posted there and then shared on X.
Chen promised to sell $1,000 worth of MIRA every 10 minutes, ensuring continued funding for the project. Although some speculators lost money, the initiative successfully accomplished its main goal of raising vital funds for #rare disease research at MIRA. At the end of the day, we set a goal of raising $200,000, but we ended up raising at least $1 million for rare disease research, Cheng said.
This unexpected success highlights Mimcoin's ability to bring communities together to achieve a goal. The company's success is a testament to its ability to bring communities together for a good cause. The #cryptocurrency market is usually considered a frivolous part of the market, but MIRA's success proves that even the most unlikely sources can make a difference.
Brazil's push for stablecoin: a push for decentralization?
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Vitalik Buterin donates 88 ETH to adopt internet sensation Moo Deng, a behemoth cobit

Vitalik Buterin, co-founder of ethereum, has donated 88 #ETH to adopt internet sensation Moo Deng. The donation, worth about $292,000, was given to Thailand's Khao Kaeo Zoo, where the beloved animal lives.
Mu Deng became world famous after a photo of him, taken when he was just two months old, went viral on social media. The photo, posted on the zoo's official Facebook page, generated huge interest and doubled the number of visitors to the zoo by September 2024. The excitement has even led to merchandise featuring Mo Den, further raising the zoo's profile.
Buterin expressed his excitement on X (formerly Twitter), saying he was proud to be able to support Mo Den and that he had 10 million baht (about £292,000) for her care. He also suggested the possibility of future donations: after Mo Den's viral fame, the MOODENG #meme coin was released, the creator of which donated over 10 billion tokens to Buterin. However, Buterin sold these tokens and stated that he would donate the proceeds to charity.
After Buterin donated ETH, the value of the MOODENG #token skyrocketed, surpassing 70% in 24 hours and increasing by 125% in one week. This jump shows that despite the often speculative nature of meme coins, they have the potential for positive change.
Buterin has long supported the idea of using cryptocurrencies, including meme tokens, to create meaningful social impact. He has been a proponent of the idea. His recent donation is a testament to the potential of decentralized financial instruments to support global causes.
Another example of the philanthropic power of meme coins is the MIRA token. Earlier this year, Sisi Chen, founder of Runway, revealed that her daughter Mira was diagnosed with a rare brain tumor. Although the tumor was benign, it was difficult to treat due to its critical location.

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Mira, a four-year-old girl who is battling a rare brain tumor and has incredible strength, has touched the hearts of the cryptocurrency community. To support Mira and her ongoing fight, a crypto trader created a Solana token named in her honor, the market value of which surpassed $80 million just five hours after launch.

Mira, also known as Mira Chen, is the CEO and co-founder of the company. She is the youngest daughter of company founder Siki Chen. She was diagnosed with a #rare brain tumor - adhesive craniopharyngioma - in late September, before her second birthday, Siki said in an earlier post.
the crypto community enthusiastically supported Mira's story. #Cryptocurrency users donated funds to #Solana and Siki's Bitcoin addresses.
Siki revealed on December 25 that a "random" crypto trader created the MIRA #token and sent him half of the total amount.
"It's worth about $400,000 right now. I literally don't know what to do because it's worth so much, and I definitely don't want to mess with a bunch of random people, Sichi said.
Sichi sold a 10 percent stake equivalent to 5 percent of the total tokens, raised about $49,200 and donated it to the Hankinson Lab at the University of Colorado. According to him, he decided to do just that. The lab, headed by Dr. Todd Hankinson, is the only research center in North America that specializes in studying this type of tumor.
As a result of working with the community, Siki announced that it will liquidate another 10% stake. The proceeds will also be donated to the institute.
"I'm liquidating 50 million shares because this poll won. For the next 24 hours, I will take no further action, Siki said, adding that he will sell a small portion of his shares every day to gradually get rid of them and prevent the price from plummeting. If I sell one percent each day, I can sell nothing until tomorrow,'' he said.
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PENGU airdrop: sellers exit, holders remain bullish -

Meanwhile, 16% of recipients decided to hold $PENGU tokens. More optimistically, 3.5% of applicants are not only holding but actively buying tokens on the marketplace -
Since 70% of the total supply is already in circulation, holders expect the next unlocking event to occur in a year. This long lockup period has increased optimism about the stability of the $PENGU price and potential future returns.
Amazing statistic: in a single month, the price of the $PENGU #token has increased by over 600%. The driving force behind this was the recent listing on South Korea's Bithumb exchange. #Cryptocurrencies often respond positively to listings on exchanges;
Pengu is already listed on exchanges such as #Binance , OKX, and Bybit. The token recently appeared on Crypto. com. Cryptokits are also attracting attention. All of this has made the $PENGU token one of the most popular cryptocurrencies in recent times.
Where can PENGU go next?
With a market value of over $2 billion and huge investor interest, crypto analysts believe that PENGU could reach the $10 billion mark in this bull market. Bull market and could reach the US$10 billion mark. The token is currently trading at a price of US$ 0.03829.
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Decrypt Center for Art, Fashion and Entertainment. Four-time Grammy-nominated performer Iggy Azalea entered the crypto scene this year with her MOTHER coin meme. Unlike many of her fellow celebrities, however, this project wasn't about making a quick buck. In fact, she redefined what it means to be a celebrity in cryptocurrency, paving the way for those who would follow in her footsteps.

It hasn't been a smooth road for the Australian rapper. Her journey into #cryptocurrency has been fraught with some of the worst consequences cryptocurrencies have to offer, including drama, red candles, personal distress, and numerous attacks from moralistic industry watchers.
however, Azalea's MOTHER coin, based on the #Solana #meme , has become the gold standard of celebrity tokens. Still, Azalea's MOTHER Azalea coin based on the Solana meme has become the gold standard of celebrity tokens, and the musician continues to try to increase the value of the #token by increasing his presence and taking a personal interest in the development of the project and its platform. The artist's perseverance and determination to fight through tough times amidst severe price drops is a first in the new world of celebrity meme coins and a shining example of how fame can be used to create rather than plunder
For these reasons, As one of the most notable cultural icons of cryptocurrency over the past year, Azalea has been named SCENE's Person of the Year 2024.
Azalea began her journey into the crypto industry in May, smoking pot on the porch with her cryptocurrency-savvy brother, she told Decrypt. told Decrypt. told Decrypt. In a hilarious conversation, the Australian musician began learning the basics of cryptocurrencies, which fueled her curiosity about the industry.
She soon saw how celebrity meme coins worked and wondered if it was practically and legally possible to launch her own meme coin. She asked her manager if it was possible, and she did, but Azalea's first attempt to market the coin quickly turned into drama.
To prepare for the token launch and better understand best practices, Azalea's manager contacted Sahil Arora.
Arora also had his own private group on Telegram. through which he began receiving funding for what were then called IGGY tokens.
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🔔 Token adalah detak jantung blockchain, yang mendorong inovasi dan transaksi yang cepat. Dengan kapitalisasi pasar sebesar $1 triliun pada tahun 2024, potensinya sangat besar! Namun berhati-hatilah, volatilitas harga dan risiko keamanan membayangi. Mari kita ungkap bahaya tersembunyi dari token :

📈 Volatilitas Harga Tinggi:
Nilai token sangat fluktuatif, menjadikannya investasi yang tidak stabil. Misalnya, Bitcoin dan Ethereum mengalami fluktuasi 30% hingga 40% dalam beberapa minggu di awal tahun 2024, sementara token yang lebih kecil, terutama yang ada di proyek baru, turun lebih dari 80% dalam beberapa bulan karena ketidakstabilan pasar

⚠️ Risiko Hukum:
Lanskap peraturan seputar token masih belum pasti. Pada akhir 2023, lebih dari 1.500 kasus hukum telah diajukan, sebagian besar melibatkan pelanggaran sekuritas, penipuan, dan ketidakpatuhan terhadap peraturan

🤑 Likuiditas Rendah: Pada tahun 2024, sekitar 75% token di bursa yang lebih kecil memiliki volume perdagangan harian di bawah $ 1 juta, mempersulit perdagangan dan meningkatkan risiko bagi investor

🗝 Risiko Keamanan:
Proyek-proyek token mengalami kerugian lebih dari $3 miliar karena pelanggaran keamanan pada tahun 2023, dengan kerentanan dalam kontrak pintar dan pertukaran token

‼️ Lingkungan Hukum yang Tidak

🔔Tokens, the digital assets that power blockchain networks, have revolutionized the financial landscape. With a market cap surpassing $1 trillion in 2024, their potential is undeniable. However, beneath this promising facade lies a world of risks that investors must navigate.
📈 High Volatility: Token prices fluctuate wildly, making them a risky investment. Major cryptocurrencies like Bitcoin and Ethereum experienced 30-40% swings in early 2024, while smaller tokens often faced even more dramatic declines.
⚠️ Regulatory Uncertainty: The regulatory landscape for tokens remains unclear. In 2023, over 1,500 lawsuits were filed, primarily alleging securities violations, fraud, and regulatory non-compliance.
🤑 Low Liquidity: A significant portion of tokens traded on smaller exchanges have daily volumes below $1 million in 2024, making it difficult to buy or sell and increasing price risks.
🗝️ Security Breaches: The blockchain industry suffered over $3 billion in losses due to security breaches in 2023, with smart contract vulnerabilities and exchange hacks being common culprits.
‼️ Unclear Legal Frameworks: As of 2023, more than 42 countries lacked specific regulatory frameworks for tokens, creating uncertainty for businesses.
💱 Limited Adoption: Token adoption remains slow. In 2024, only about 2% of global businesses accepted tokens, limiting their practical use outside niche sectors.
💰 Inflation and Transparency Risks: Many token projects lack clear supply management strategies, leading to inflation or devaluation. Between 2017 and 2022, over 40% of token projects failed to provide transparent distribution models.
💪 Don't let these risks deter you from exploring the blockchain space. By understanding the challenges, you can make informed investment decisions. Join us today and embark on a confident journey through the world of crypto.
#blockchain #token #ico