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GraFun Enables Memecoin Creation on Telegram

December 20, 2024

After all the Pump.fun drama, if you’re looking for a new memecoin launcher, then GraFun could be your next go-to spot.

The memecoin issuance platform integrated with the TON blockchain earlier this month.

Letting the cat out of the bag, devs have told that users can create and trade memecoins directly on Telegram.

Via the platform, over 14k memecoins have been launched and ~$450 million in trading volume has been generated on the BNB Chain.

Now, with memecoin creation enabled right on Telegram, the numbers can be expected to shoot up. Plus, the whole process is expected to be effortless.

Even though the core team hasn’t shared updates about a potential token that could go live, there is chatter on the streets that GraFun is looking to launch a native asset going forward based on user activity.

What’s even more interesting to note is that Floki owns about two-fifths of the platform, while other stalwart funders like DWF Labs back GraFun.

Source
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