Mfercoin: A bubble about to burst?

In the cryptocurrency market, Mfercoin’s recent changes have attracted widespread attention, but is the truth behind it as shown on the surface? Since the price of Mfercoin exceeded $0.18, its market value has soared to more than $180 million, raising questions about its sustainability.

Behind Mfercoin is a series of seemingly generous initiatives, such as airdrops to thousands of wallet addresses, which it claims are to support NFT holders, artists and community treasury in the Mfer ecosystem. However, can this kind of airdrop really bring long-term value added? Perhaps, this is just a short-sighted behavior aimed at temporarily pushing up the price of Mfercoin to attract more speculators to the market.

Sartoshi said that a small amount of funds will be invested to support its liquidity. mfercoin is a typical Memecoin and is not for profit. 1. About 20% of the supply will be distributed to thousands of wallet addresses (NFT holders, artists, community treasury, etc.) in the mfer ecosystem, mainly including: - Various NFT holders in the mfer ecosystem; - Cooperation Artists who have passed; - Community vaults and signers, as well as on-chain mfer contributors. 2. The remaining 80% will be invested in the liquidity pool and no other supply tokens will be retained. It is reported that the largest single token distribution recipient so far is the mfers community treasury. The community treasury received 10 million mfercoins. This is to ensure that a large amount of mfercoin will be available in the future and distributed in an appropriate manner. The treasury will be controlled by the community. Sartoshi himself has no Control.

What is even more worrying is that Sartoshi, the founder of Mfercoin, claimed that the fixed supply is 1 billion and there will be no additional issuance. But is this statement credible? In the world of cryptocurrencies, promises are often far from reality. Coupled with Sartoshi's commitment to invest a small amount of funds to support liquidity, does this mean there is a possibility of manipulation in the market?

Another suspicious point is that Mfercoin is claimed to be a "typical Memecoin" and not for profit. Does this mean that investors can only hope for market hype and cannot expect any actual returns? In such a speculative frenzy, ordinary investors may be caught in a bubble, while a few may profit handsomely.

Finally, Mfercoin’s community treasury received a large sum of tokens, claiming it was for future appropriate distribution. However, does the concept of community control mean that the governance of Mfercoin will be decided by a few people rather than a large number of investors? Could this lead to an internal power struggle that could affect the direction of the entire project?

In general, there are many doubts and risks hidden behind the surge of Mfercoin. Investors should remain vigilant and not be fooled by short-term gains. Instead, they should carefully evaluate the fundamentals and long-term prospects of the project to avoid the danger of falling into a bubble.