GraFun on BNB Chain Sees $250M in Volume in Record First Week

[PRESS RELEASE – Transylvania, Romania, October 11th, 2024]

GraFun, the memecoin launchpad on the BNB Chain, has reported an unprecedented first week. In the initial 24 hours after launch, GraFun handled 130 million requests from over 850,000 unique users. In spite of the overwhelming demand, the platform has maintained seamless operations, facilitating the launch of thousands of tokens.

GraFun is committed to fostering fair memecoin launches on the BNB Chain by minimizing rug pull risks and providing a secure environment for both token creators and traders. Since its inception, GraFun has helped launch more than 12,000 tokens and generated 428 BNB (approximately $250K) in protocol fees.

Tokens that achieve a market cap of 31 BNB on GraFun will automatically transition to PancakeSwap v3, where a liquidity pool is established to support their next developmental phase. GraFun projects that have made this transition to PancakeSwap have amassed over $250 million in volume within just the first day.

More than 40 projects from GraFun have launched on PancakeSwap, with several seeing multi-million dollar market caps, the most successful reaching a $120 million fully diluted valuation (FDV) and securing listings on centralized exchanges (CEXs). GraFun’s launchpad serves as a robust foundation for BNB Chain projects to enhance engagement, bolstered by the potential for ongoing support for the most promising launches.

By democratizing access to new token launches and promoting ethical conduct among new projects, GraFun is setting a new standard for BNB Chain initiatives. In doing so, it offers a platform that liberates creators from the technical complexities of launching a token, allowing them to concentrate on their core strengths and community development.

GraFun encourages ethical practices, rewarding users for positive actions such as initiating token sales or achieving volume targets. Users can earn GRA rewards for accomplishing tasks, which can later be exchanged for exclusive benefits. Having exceeded expectations in its inaugural week, GraFun is poised to transform the trading landscape on the BNB Chain while establishing itself as the leading memecoin launchpad.

Recently, GraFan Labs was introduced as a memecoin incubator that supports memecoin launches on the BNB Chain. GraFan Labs offers extensive assistance with marketing, listings, liquidity, and more. Stay updated on their progress on X: https://x.com/grafunlabs

About GraFun

GraFun is a memecoin launchpad that enables anyone to launch a token on the BNB Chain within seconds. By minimizing the risk of rug pulls and enhancing the rewards associated with ethical token creation, GraFun creates a more favorable environment for projects and communities. GraFun’s fair curve model allows communities to engage in governance through a DAO framework and share in the benefits of building sustainable tokenized projects.

Learn more: https://gra.fun/