Article Summary, Automatically Generated By AI
Summary of Risitas Coin
Overview
- Risitas Coin (RISITA) is a cryptocurrency honoring El Risitas, a Spanish meme.
- It’s a tribute to the legend, embracing the absurd and celebrating the ridiculous.
Tokenomics
- New Max Total Supply: 26,292,688,441 RISITA
- Reserved Tokens: 3,155,175,000 RISITA (5% for CEX Listings and 5% for Marketing actions)
- Current Circulating Supply: 23,137,513,441 RISITA
Founders and Team
Introducing Risitas Coin: A Revolutionary Cryptocurrency
Introducing Risitas Coin (RISITA): A Comprehensive Overview
In tribute to El Risitas (aka Juan Joya Borja), the beloved Spanish internet sensation, RISITA proudly emerges as the world’s inaugural laughcoin, providing crypto enthusiasts with an endless supply of side-splitting humor and uncontrollable laughter!
Now, residing on the Base chain after months of existence on the expensive Ethereum network, RISITA has evolved beyond being merely a token. It stands as a poignant tribute to the legendary figure whose infectious laughter resonated globally.
In the realm of Risitas’ community, the absurd is not only embraced but revered, and the ridiculous is jubilantly celebrated!
The Circulating Supply of RISITA Coins: An Overview
Established in May 2023, Risitas Coin underwent a pivotal migration on March 17, 2024, transitioning from Ethereum and Arbitrum to Base, thereby mitigating the burden of exorbitant transaction fees.
During the migration, as the initial liquidity was locked on Ethereum and Arbitrum, the Risitas team was compelled to establish a new liquidity on Base, and subsequently redistribute the newly minted RISITA token to restore its previous market capitalization, facilitated by strategic buybacks and token burns at launch.
Subsequently, holders received an automatic airdrop, with a 1:1 token swap (1 old RISITA = 1 new RISITA), ensuring that they did not incur any losses. The team absorbed all migration costs.
A 5% allocation of the new RISITA supply is earmarked for CEX listings, while an additional 5% is designated for marketing initiatives. As of April 2024, these allocations remain outside of circulation.
- New Maximum Total Supply: 26,292,688,441 RISITA tokens
- Reserved Tokens Allocation: 3,155,175,000 RISITA
- Current Circulating Supply in the Market: 23,137,513,441 RISITA
The Visionaries Behind Risitas Coin: Meet the Founders
The Risitas founding team comprises six visionaries, including a lead developer, a director, a community manager, and three multifaceted collaborators.
Furthermore, the team benefits from the expertise of a diverse network of freelance collaborators, marketing agencies, and advisors who provide valuable support and guidance.
Acquiring Risitas Coin (RISITA): A Comprehensive Guide
RISITA is now accessible for trading on an expanding array of exchanges, including Uniswap via the Base network, with an Ethereum pairing currently available for trading.
New to Base? Discover CoinMarketCap’s comprehensive beginner’s guide to seamlessly transition to the Base Mainnet!