GraFun, Backed by Floki, DWF Labs, BNB Chain, and Hot Protocol, Brings Memecoin Craze to BNB Chain

The memecoin issuance and trading frenzy that took over the Solana and Tron blockchains in recent months could soon be replicated on the BNB Chain ecosystem, thanks to a protocol that claims to be making the process easier and better for users.

GraFun, a memecoin launching and trading platform exclusive to the BNB Chain network, is set to launch on September 27 at 11:00 UTC.

It uses a unique bonding curve mechanism that allows anyone to launch a meme coin for next to nothing. It’s similar to Solana’s smash hit Pump Fun, but GraFun’s developers say they’ve made certain key improvements.

“It’s all about promoting long-term investment and real growth,” GraFun developers explained in an X post. “Unlike the traditional bonding curve, the fair curve prioritizes the community and is designed to benefit everyone who participates. It gives you the power of being part of a DAO, where decisions are made by you and your fellow token holders.”

FLOKI token surges over 17% as project’s proximity to GraFun boosts fundamentals.

Floki will receive 40% ownership of GraFun and earn 40% of the revenue generated by the launchpad. Floki’s ownership of GraFun will generate key benefits for FLOKI and its sister project TokenFi (TOKEN).

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