GraFun Expands to TON Network, Bringing Memecoin Creation to Telegram
GraFun, a platform for issuing memecoins, is expanding to the TON Network, marking its third blockchain integration after Ethereum and BNB Chain. This move is aimed at attracting new audiences, boosting liquidity for meme coin issuances, and increasing visibility within the crypto trading community.
By integrating with TON, GraFun hopes to reach a broader user base, providing greater exposure and easier access to memecoin creation. “We’re excited to soon enable memecoin creation and trading directly within Telegram, one of the world’s most widely used messaging apps,” a GraFun developer told CoinDesk via Telegram. “Having launched 14,000 memecoins and generated more than $450M in trading volume on BNB Chain, we are now simplifying the process for users to create memecoins directly inside Telegram.”
TON currently holds over $350 million in assets across various platforms, according to blockchain data, providing a solid foundation for GraFun’s expansion.
Additionally, a source close to the GraFun team hinted at the possibility of launching a GraFun token in the future, based on user activity, although the developers have neither confirmed nor denied these plans.
What sets GraFun apart is its unique “Fair Curve” model, designed to minimize risks of rug pulls, reduce price manipulation, and ensure more equitable token issuances. This approach aims to protect users from significant losses. Memecoin giant Floki owns over 40% of GraFun, with additional backing from DWF Labs.
Notable memecoin launchpads using similar “Fair Curve” models include Pump on Solana, which pioneered the model, and Tron’s Sun Pump.
