CandleFocus

GraFun, Supported by Floki and DWF Labs, Brings Memecoin Frenzy to BNB Chain

GraFun, a new memecoin launchpad and trading platform on the BNB Chain, is set to launch on September 27, 2024. It aims to promote fair launches and long-term investment in memecoins and has gained support from significant players in the crypto ecosystem, including Floki, BNB Chain, DeXe Protocol, HOT Protocol, and strategic partnership with DWF Labs. GraFun will use a unique bonding curve mechanism that allows for fair and low-cost memecoin launches. Unlike other platforms, GraFun's "Fair Curve" model minimizes rug-pull risks and price manipulation, offering a fairer token issuance process. Floki, the biggest memecoin brand on the BNB Chain, will own 40% of GraFun, strengthening its influence in the BNB Chain memecoin market.

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