GraFun, entering the memecoin market, has achieved a lot and is actively positioning itself as the fastest-growing memecoin. Since GraFun has highly impressive on-chain fundamentals and has many influential crypto backers, it is set to boast during the memecoin season.
GraFun numbers are awe-inspiring in terms of registrations and users. Research shows that it has over 3.7M on-chain registrations and more than $19M in user’s wallets, making it one of the leaders in newly-emerging memecoin niches. These numbers also show the increasing demand for the platform and the broader meme token category.
GraFun Is Backed by Crypto Giants
It is not the market’s love for meme coins alone that has contributed to GraFun’s high growth rate. Large industry participants also support it. The platform is backed by notable legends such as:
- Floki Inu, which was originally an internet meme, is one of the most famous memecoin projects that has been embraced by the world of cryptocurrencies.
- DWF Labs is One of the most reputed blockchain development companies with experience in diverse cryptocurrency projects.
- Dexe Network is a decentralized social trading that has impacted different blockchain projects in the past.
- HotDAO is an organization that’s operating autonomously and is popular for its increasing dominance in DeFi and meme tokens.
Memecoin Season Is Preparing For A Real Blast
GraFun will be integrated into the BNB Chain, the leading scalable blockchain network characterized by low transaction costs and high speed among the memecoin transactions.
Considering that GraFun is a new platform designed as a launchpad and is aimed at taking off and achieving success in the near future with such famous figures as industry leaders ready to provide support as well as numerous enthusiasts ready to join the project, GraFun definitely has an excellent potential for growth.
Source: https://blockchainreporter.net/grafun-launchpad-rockets-with-3-7m-registrations-19m-in-user-wallets-backed-by-crypto-giants/