6 hours 100 times, the mfers founder continues the "BOME Divine Plate" in the Base ecosystem

Source: Blockbeats

In the early morning of March 30, the crypto community was once again in an uproar. Sartoshi, the founder of the well-known NFT project Mfers, announced on X that he would issue his own meme token mfercoin on the Base chain, along with a "white paper." By opening this "white paper" titled "Peer-to-Peer Digital Mfer System," one can see the total supply of mfercoin, the Uniswap trading link, and the airdrop details for the mfercoin token. The fixed supply of mfercoin is 1 billion tokens, with no presale, and approximately 2% of the total supply will be injected into liquidity after its launch.

According to the mfercoin airdrop details, holders of mfers NFTs and artists who have collaborated with mfers NFTs will be eligible for airdrop allocations. Of course, although mfercoin saw several times increase in value within half an hour of its launch, many mfer NFT holders' first reaction after receiving the airdrop was still "not worth much." Most people did not expect that they would wake up the next day to enter "money counting mode."

According to Dexscreener data, mfercoin's popularity skyrocketed after its launch, with the token price continuously rising. Around 2 AM, when most airdrops were released, the price of mfercoin was about $0.04, and in 4 hours, its price reached $0.2. Currently, mfercoin's trading volume in 6 hours exceeded $50 million, with a market cap peaking at $22 million. Players who stayed up "selling airdrops" last night might be kicking themselves now.

For the "old investors" in the crypto space, mfers is a very familiar name. This widely circulated cultural meme became one of the typical representatives of the NFT craze during the last crypto bull market, with its floor price skyrocketing. On June 9, 2022, Sartoshi, the founder of mfers NFT, announced his retirement on his original Twitter account and transferred the smart contract to the community, while also announcing the sale of the "end of sartoshi" series NFTs at a price of 0.069 ETH. On June 10, according to Etherscan data, the primary market revenue from Sartoshi's retirement work, the "end of sartoshi" series NFTs, had reached 1013.4 ETH, approximately $1.823 million.

But just a few months later, Sartoshi couldn't sit still. On December 13 of the same year, Sartoshi posted on social media titled "sartoshirip," announcing his return to the crypto community and the activation of a new social media account @sartoshiRIP starting January 1, 2023. He would re-enter as an anonymous NFT collector, and his previous retirement work "End Of Sartoshi" NFTs would serve as a community pass, with the project continuing as a leaderless organization and the smart contract remaining with the community.

On January 25 of the following year, mfer founder Sartoshi posted on social media stating that holders of the previous retirement work "End Of Sartoshi" NFTs would be eligible to mint the "Life Death & Cryptoart" curated crypto art collection series for free starting in February, with each artwork limited to 300 pieces. The first artist to participate was Patrick Amadon.

A 100-fold increase in 6 hours is such a crazy surge that it reminds us of the "meme coins" BOME and SLERF from a few weeks ago. Within three days of its birth, BOME's market cap exceeded $1.1 billion, peaking close to $1.5 billion. Influenced by the BOME craze, the number of meme tokens issued on the Solana network surged in a short time, with the number of active addresses reaching a near-month peak.