According to the Odaily Planet Daily report, Sartoshi, the founder of the NFT project Mfer, issued mfercoin on the Base chain. The market price shows that mfercoin has exceeded US$0.017, and the current market value is approximately US$17 million. According to the white paper, the fixed supply of mfercoin is 1 billion. There will be no additional issuance and no pre-sale. The project initiator will not distribute mfercoin. Sartoshi said that a small amount of funds will be invested to support its liquidity. mfercoin is a typical meme coin that is not for profit. Approximately 20% of the supply will be distributed to thousands of wallet addresses in the mfer ecosystem, including NFT holders, artists, community vaults, and more. The remaining 80% will be invested in the liquidity pool and no other supply tokens will be retained. The largest single token distribution recipient so far is the mfers community treasury. The community treasury received 10 million mfercoin, which will be controlled by the community and Sartoshi himself has no control.