GraFun, a prominent platform for creating and trading memecoins, is extending its services to the TON Network. This marks the third blockchain GraFun has integrated with, following Ethereum and BNB Chain. The goal of this expansion is to capture a broader audience, enhance liquidity for memecoin issuances, and elevate the platform’s presence within the crypto market.
Memecoin Creation Now Available Inside Telegram
The integration with the TON Network will allow users to create and trade memecoins directly within Telegram, a widely used messaging app. According to a GraFun developer, the platform has already facilitated the creation of over 14,000 memecoins and generated more than $450 million in trading volume on BNB Chain. This new feature will streamline the process, allowing users to participate in the memecoin market without leaving the Telegram environment.
Expanding for Greater Liquidity and Exposure
With over $350 million worth of user assets across various platforms on the TON blockchain, the network offers strong liquidity potential for GraFun’s memecoin initiatives. The integration with TON is expected to attract more users and increase the platform’s visibility, giving GraFun access to a larger pool of crypto traders and investors.
GraFun’s Fair Curve Model and Future Developments
GraFun is known for its “Fair Curve” model, designed to reduce the risks of rug pulls and price manipulation, creating a more secure and equitable environment for token issuances. This model has gained attention for its ability to ensure fairer memecoin creation, minimizing the chances of losses for participants.
Additionally, GraFun’s major backers include memecoin powerhouse Floki, which holds over 40% of the platform, and DWF Labs. Though details are yet to be confirmed, there are discussions about a future GraFun token tied to user activity.
A New Era for Memecoins
GraFun’s expansion to the TON Network represents a significant step in the evolution of memecoins. By making the creation and trading process more accessible and secure, GraFun is poised to strengthen its position in the market, providing innovative solutions for memecoin enthusiasts and newcomers alike.
