# What Is Risitas Coin (RISITA)?
Honoring El Risitas (aka Juan Joya Borja), the hilarious Spanish meme everyone knows, RISITA proudly stands as the world’s first laughcoin, offering crypto degens an infinite source of LMFAOs!

Now on Base chain after months on the expensive Ethereum network, RISITA transcends being merely a token. It's a tribute to the legend whose laughter echoed around the globe.

In Risitas' community, the absurd is embraced, the ridiculous celebrated!

How Many RISITA Coins Are There in Circulation?
Created on **May 2023**, Risitas Coin migrated on **March 17, 2024** from Ethereum and Arbitrum to Base, to fight against high transaction fees.

During the migration, since the initial liquidity was locked on Ethereum and Arbitrum, the Risitas team had to create a new liquidity on Base, and send the new RISITA token to its previous market cap thanks to buybacks and burns at launch.

Then, holders got an automatic airdrop (1 old RISITA = 1 new RISITA), resulting in **no loss for them**. Every migration costs were supported by the team.

5% of the new RISITA supply are reserved for CEX Listings, and 5% for Marketing actions. They're currently out of the circulation as of April 2024.

* **New Max Total Supply:** 26,292,688,441 RISITA
* **Reserved Tokens:** 3,155,175,000 RISITA
* **Current Circulating Supply:** 23,137,513,441 RISITA

Who Are The Founders Of Risitas Coin?

The founding team of Risitas is made up of **6 individuals**, including 1 lead developer, 1 director, 1 community manager, and 3 versatile collaborators.

Additionally, the team is supported by various freelance collaborators, marketing agencies, and advisors.

Where Can I Buy Risitas Coin (RISITA)?
RISITA is available for trading on a growing number of exchanges, such as Uniswap using Base network, with Ethereum pair currently available.

New to Base? Read CoinMarketCap's easy guide to bridge to Base Mainnet!