Expanding to Ethereum will help GraFun attract many new user demographics, taking advantage of higher liquidity for meme coin launches, and enhancing the platform's visibility to traders.
GraFun, the meme coin launch platform based on BNB Chain, will officially expand to the Ethereum network next Wednesday, according to information shared by the project developers with Bitcoin Magazine.
GraFun stands out with its unique 'Fair Curve' model, which developers claim will minimize rug-pull risks, limit price manipulation, and ensure a fairer token launch, helping users mitigate the risk of losses. The memecoin giant Floki currently owns over 40% of GraFun, along with support from DWF Labs. The FLOKI token has also increased nearly 20% following this news.
Screenshot of GraFun
"In just 1.5 months since its launch, the platform has seen over 13,600 meme coins released with a total trading volume of up to 430 million USD," GraFun announced. "Even though it has only been operating on one chain, GraFun has become the most effective meme coin launch pad on any EVM-compatible chain."
The expansion to Ethereum will help GraFun attract more new users, leverage higher liquidity for meme coin launches, and enhance the platform's brand recognition within the cryptocurrency trading community.
The most notable examples of meme coin launch pads using the 'Fair Curve' model include Pump Fun on Solana – a pioneer in this model – and Sun Pump on Tron.
Pump.fun has generated over 150 million USD in fees in just the past six months and is now predicted to reach 400 million USD in annual fees. SunPump has earned 5.4 million USD in fees since its launch in August.
