GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain

Memecoin launchpad GraFun today releases its GraFun Labs division, a multi party initiative to support and grow the meme ecosystem on BNB Chain. The Labs partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization. The project will help small memecoins in community growth, brand, marketing, engagement and influencer marketing. “Memecoins have become a central crypto market driver, dictating much of the on-chain volume and shaping the culture integral to crypto’s identity,” a representative for GraFun told CoinDesk. GraFun launched in September on BNB Chain with a "Fair Curve" mechanism for issuing new memecoins.

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