Share this article
GraFun Expands to TON Network to Enable Memecoin Creation Right in Telegram
Updated Dec 4, 2024, 3:03 p.m. Published Dec 4, 2024, 12:00 p.m.
What to know:
- Memecoin issuance platform GraFun is expanding today to the TON Network, the third blockchain after Ethereum and BNB Chain.
- A source close to the team shared plans for a GraFun token in the future based on user activity in a message to CoinDesk.
Memecoin issuance platform GraFun is expanding today to the TON Network, the third blockchain after Ethereum and BNB Chain, in a bid to capture newer audiences.
Expanding to TON could help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“Creating and trading memecoins directly inside Telegram, one of the most popular messaging apps in the world, is almost here,” a GraFun developer told CoinDesk over Telegram message. “After launching 14k memecoins and generating more than $450M in trading volume on BNB Chain, GraFun is now making memecoin creation simple and fast inside Telegram.”
TON holds over $350 million worth of user assets across various platforms based on the blockchain, data shows.
A source close to the team shared plans for a GraFun token in the future based on user activity in a message to CoinDesk, although GraFun developers neither confirmed nor denied plans.
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. Memecoin behemoth Floki owns over 40% of GraFun, and other backers include DWF Labs.
The most popular examples of memecoin launchpads that use a “Fair Curve” model are Pump on Solana - which pioneered such a model - and Tron’s Sun Pump.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Zcash Floats Dynamic Fee Plan to Ensure Users Won’t Be Priced Out
ZEC zoomed 12% amid the fee discussion, beating gains across all major tokens.
What to know:
- A new proposal by Shielded Labs suggests a dynamic fee market for Zcash to address rising transaction costs and network congestion.
- The proposed system uses a median fee per action observed over the prior 50 blocks, with a priority lane for high-demand periods.
- The changes aim to maintain Zcash's privacy features while avoiding complex protocol redesigns.
Top Stories
