Sartoshi, known for founding the cc0 NFT project mfers, has launched a new cryptocurrency called mfercoin on the Base network. The coin was airdropped to mfer NFT holders, quickly gaining traction in the crypto community. Within a short period, mfercoin's market capitalization exceeded $300 million, with trading volume surpassing $76 million, and a notable $230K buy was reported. This rapid growth has led to speculation that mfercoin could be the first coin on the Base network to reach a $1 billion market cap, having gone 10000x from its launch. The launch has been met with enthusiasm, with many in the crypto space praising Sartoshi for creating significant value for the holders and contributing to the broader adoption of the Base layer 2 platform. Several exchanges, including AscendEX, MEXC, and Bybit, have announced or already listed mfercoin for trading, indicating strong market support for the new meme coin.