Memecoin Launchpad GraFun Expands to Ethereum to Clinch New Users
Summary
GraFun, a BNB Chain-based memecoin issuance platform, is expanding to the Ethereum network. It employs a "Fair Curve" model to minimize rug-pull risks and price manipulation, ensuring fairer token issuances. Floki owns over 40% of GraFun, with DWF Labs as another backer. Since its debut, GraFun has launched over 13,600 memecoins with a total volume of $430 million, becoming the top-performing memecoin launchpad on any EVM-compatible chain. Expanding to Ethereum aims to reach new audiences and increase liquidity. Similar models include Pump on Solana and Tron’s Sun Pump, with significant fee earnings.
