GraFun Expands to TON Network, Bringing Memecoin Creation to Telegram Users

GraFun, the memecoin issuance platform, is now expanding to the TON Network, its third blockchain integration after Ethereum and BNB Chain. This move aims to attract a wider audience, increase liquidity for memecoin issuances, and enhance GraFun’s visibility within the crypto community.

By joining the TON Network, GraFun intends to streamline the process of memecoin creation and trading. “We’re bringing the ability to create and trade memecoins directly within Telegram, one of the most popular messaging apps worldwide,” a GraFun developer shared with CoinDesk via Telegram. “After successfully launching 14,000 memecoins and generating over $450 million in trading volume on BNB Chain, we are now making the process even easier within Telegram.”

Data shows that TON’s ecosystem holds over $350 million in assets across its platforms, providing a solid foundation for GraFun’s expansion into this space.

Sources close to GraFun also suggested the potential for a GraFun token in the future, based on user activity, though the developers have not officially confirmed or denied this.

GraFun is known for its “Fair Curve” model, which is designed to minimize risks like rug pulls and price manipulation, ensuring a more equitable token launch process. Memecoin leader Floki holds over 40% of GraFun, with additional backing from DWF Labs.

Other memecoin launchpads that utilize similar “Fair Curve” models include Pump on Solana, which pioneered the approach, and Tron’s Sun Pump, which also focuses on creating fairer token issuance processes.