According to Foresight News, Elon Musk announced a $1 million donation to support Ukrainian refugee Iryna Zarutska, who was a victim of a stabbing incident in the United States. Following this announcement, the meme cryptocurrency named IRYNA, created in honor of Zarutska, saw its market value on the Solana platform surge past $20 million, marking a 113.5% increase within an hour.
The IRYNA token was established to commemorate the Ukrainian refugee and aims to allocate transaction fees to support Zarutska's family. This initiative reflects the community's effort to provide financial assistance to the victim's relatives.