The new GraFun launchpad and trading platform introduced memecoins that bagged over $250 million in volume from their automated deployment to PancakeSwap in the first 24 hours after the platform’s launch, according to one of the developers behind Floki, which is supporting the platform. GraFun, released Friday on BNB Chain, saw over 5,800 tokens created on its first day, generating around $100,000 in fees for the blockchain. GraFun uniquely offers a “Fair Curve” model that developers say minimizes rug-pull risks, reduces price manipulation and ensures fairer token issuances that result in fewer users losing money.
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