Memecoin Launchpad GraFun to Expand to Ethereum

Expanding to Ethereum will assist GraFun seize newer audiences, faucet into greater liquidity for meme issuances and enhance the platform’s visibility amongst crypto merchants.

  • Expanding to Ethereum will assist GraFun seize newer audiences, faucet into greater liquidity for meme issuances and enhance the platform’s visibility amongst crypto merchants.
  • GraFun uniquely affords a “Fair Curve” mannequin that builders say minimizes rug-pull dangers.

BNB Chain-based memecoin issuance platform GraFun is increasing to the Ethereum community on Wednesday, the mission’s builders shared with CoinDesk.

GraFun uniquely affords a “Fair Curve” mannequin that builders say minimizes rug-pull dangers, reduces value manipulation and ensures fairer token issuances that lead to fewer customers shedding cash. Memecoin behemoth Floki owns over 40% of GraFun, and different backers embody DWF Labs.

“In just 1.5 months since the platform debuted, it saw already 13.6K plus memecoins launch with an overall volume of $430 million,” GraFun instructed CoinDesk in a Telegram message. “Even when only operating on one chain, it became the top-performing memecoin launchpad on any EVM-compatible chain.”

Expanding to Ethereum will assist GraFun seize newer audiences, faucet into greater liquidity for meme issuances and enhance the platform’s visibility amongst crypto merchants.

The hottest examples of memecoin launchpads that use a “Fair Curve” mannequin type of mannequin are Pump on Solana – which pioneered such a mannequin – and Tron’s Sun Pump.

Pump.enjoyable has earned over $150 million in charges within the final six months alone and is presently projected to generate $400 million in annual charges. SunPump has earned $5.4 million in charges since launching in August.

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John Lesley/ author of the article

John Lesley is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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