Goodbye High ETH Fees, Hello Base Chain!

$RISITA - El Risitas Coin
5 min readMar 15, 2024

TL;DR? 😅

  • Migration to Base: RISITA is moving to the booming Base Chain, a memecoins’ paradise backed by Coinbase, for lower transaction fees.
  • Easy Transition for Users: Smooth migration to Base, fully compatible with your existing Ethereum wallet (MetaMask, Trust Wallet, etc.). RISITA’s token address remains the same, but on Base Chain!
  • Affordable Purchases: Now anyone can buy any amount of RISITA cheaply on our website or on Uniswap (selecting ‘Base’ network), the most famous DEX in the world!
  • Snapshot: Holders’ balances on Ethereum and Arbitrum will get a snapshot this weekend for a seamless airdrop on Base (1 old RISITA = 1 new RISITA).
  • Airdrop: Risitas team handles it all! Holders won’t have to do anything as the airdrop of the new RISITA tokens on Base will happen automatically and seamlessly.
  • Streamlined Liquidity: Starting with a lower liquidity pool on Base, optimizing for buybacks and burns. Market cap will roughly stay the same than on Ethereum network.
  • Marketing Ready: With the move, our full-scale marketing campaign kicks off!
  • Only Downside: We will have to dump the old tokens (the Ethereum and Arbitrum ones) to create the new liquidity on Base, and buyback the new token to start with the same market cap than previously. Unfortunately, this will lead to ugly charts on the old token’s chart pages, until we figure something out with CMC, CoinGecko, etc.
  • Continued Support: Community and technical queries answered on our social channels!

The High Cost of Laughter

Risitas Coin (RISITA) has been a beacon of joy in the memecoin market since its inception in May 2023.

However, despite our solid market cap holding at around $2M, the outrageous Ethereum gas fees have been a real buzzkill. It’s like paying more for the popcorn than the movie ticket — it just doesn’t make sense, amigos!

Enter the Base Era

Yes, we’re migrating to Base Chain, backed by the crypto titan Coinbase! Base chain is rapidly becoming a haven for memecoins, with its burgeoning ecosystem and minimal transaction costs offering the perfect playground for meme-driven projects to thrive.

Bid farewell to hefty transaction fees on Ethereum… With our move to Base, even the small-time investor wanting to snag $15 worth of RISITA can do so without burning a hole in his pocket!

👉 Check real-time Base gas price here.

This shift isn’t just about saving on fees tho’; it’s about making RISITA accessible to everyone who believes in the power of laughter and investment combined.

Get ready for an uproarious marketing campaign loaded with surprises, all set to launch RISITA into the stratosphere! Our transition to Base means every dollar goes further, allowing us to amplify our efforts and bring more value to our community.

Amigos, Risitas is bullish, are you?

Smooth Sailing Transition

Here’s how we’re rolling it out:

  • Snapshot and Airdrop: We’ll capture all current RISITA holdings (Ethereum and Arbitrum) this weekend. Once we’re cozy on Base, we’ll airdrop new RISITA tokens to these wallets. Just sit back, relax, and maybe binge some Risitas videos while we handle the transition!
  • Your Wallet, Your Rules: Simply adjust your wallet to the Base network (here’s how). A tiny bit of ETH will be needed to cover Base’s feather-light transaction fees on Uniswap (using Base chain), and this can easily be done with the official Base bridge or Orbiter Finance. Read our tutorial ‘How to bridge to Base Chain’ to get started.
  • Token Supply Shuffle: As we shift to Base, we’re streamlining RISITA’s supply. The previously burned tokens (20%), and the Risitas’ family reserve (5%, that were locked for 2 years) are subtracted, setting our new total at approximately 31.5B tokens (instead of 42B). This leaner supply paves the way for enhanced market dynamics and value appreciation.
  • Liquidity and Market Moves: Transitioning to Base might mean a snugger liquidity pool, but fear not! A leaner liquidity on Base means more efficiency, and our market cap will nearly be the same post-migration. We’ll leverage this to perform strategic buybacks and burns, further fueling RISITA’s rarity and value. Our eyes are set on creating a buzzing market on Base, where every RISITA becomes more precious.

Ready for the RISITA Renaissance?

We’re not just moving blockchains; we’re setting the stage for an epic meme coin revival. With Base, every chuckle won’t cost you a fortune, and every investment brings us closer to meme glory!

Got questions? Hit us up on Twitter or Telegram. We’re ready to laugh all the way to the Base! Also, don’t forget to show some support by CLAPPING this article as many times as you can!

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$RISITA - El Risitas Coin

Welcome to Risitas coin, the first memecoin with, hem… utility 😂