GraFun, a memecoin launchpad supported by Floki and DWF Labs, experienced significant trading volume within its first 24 hours on PancakeSwap, reaching over $250 million. One of the projects launched on GraFun, BabyBNB, achieved a market cap peak of $132 million and was listed on exchanges such as MEXC and Gate. GraFun introduced the "Fair Curve" model in order to reduce fraud and price manipulation in token launches. Floki, a supporter of GraFun, believes that the platform has the potential to disrupt the memecoin ecosystem on the BNB Chain. FLOKI experienced a 6% jump following the news.
- Content Editor ( coindesk.com )
- 2024-09-30
Memecoin Launchpad GraFun Crosses $250M in Volume on BNB Chain Release