GraFun memecoin launchpad on BNB Chain explodes after 24 hours of launch

#GraFun, a memecoin launchpad project launched on September 28 on #PancakeSwap, has achieved over $250 million in trading volume within the first 24 hours.

The project also saw more than 5,800 memecoins launch on its first day, generating around $100,000 in transaction fees.

Memecoin#BabyBNBcreated on GraFun reached an ATH market cap of $132 million just one day after its release. BabyBNB was later listed on MEXC and Gate exchanges.