According to Foresight News, the ERC404-based meme token SIMP has launched on Arbitrum today, with its value surging by up to 2000% so far. SIMP is a fair launch token created by the SimpDoge community, which consists of enthusiasts of Simp culture. The total supply of SIMP is 10,000 tokens, with each token corresponding to one NFT blind box. The SIMP community aims to enhance the liquidity of NFT assets and the scalability of Web3 communities.