30s Summary

GraFun, a memecoin-focused platform, is expanding to the Ethereum network from the BNB Chain, aiming to attract more users and increase exposure. Unique to GraFun is the “Fair Curve” model, which helps lower risk and limit price manipulation. More than 40% of GraFun is owned by Floki, a prominent player in the memecoin market, and has launched over 13.6K memecoins in 1.5 months, with a total volume of $430 million. The “Fair Curve” model is popular among other platforms, such as Pump on Solana and Sun Pump on Tron, with Pump.fun generating over $150 million in fees.

Full Article

GraFun, a platform focusing on issuing memecoins via the BNB Chain, is now trying out the Ethereum network. This new move will help GraFun attract more users, provide greater liquidity for issuing memes, and increase their exposure among cryptocurrency traders.

What makes GraFun special is its “Fair Curve” model. It’s designed to keep risks associated with sudden withdraw(low) lower, limit potential price manipulation, and promote more equitable token issuances. This model aims to limit the amount of money users can lose. Interestingly, over 40% of GraFun is owned by Floki, a big name in the memecoin world. DWF Labs are among other supporters.

Since its launch just 1.5 months ago, GraFun has seen more than 13.6K memecoins launched with a total volume of $430 million. Even though it only operated on one chain, it has outperformed other meme coin launchpads operating on any EVM-compatible chain.

Other meme coin platforms have preferred the “Fair Curve” model, these include Pump on Solana and Sun Pump on Tron. Over the last six months, Pump.fun has made over $150 million in fees and is targeting to achieve $400 million in annual fees. Comparatively, SunPump has accumulated $5.4 million in fees since its launch in August.