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GraFun Labs has launched its memepad on the TON blockchain after integrating Ethereum, boosting the TON ecosystem’s meme coin growth.
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DWF Labs and GraFun have partnered to support token launches, yet its exact involvement in the TON integration remains unclear.
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TON’s ecosystem lags behind meme coin trends, but new launches and growing traction may signal its potential to rival other blockchains.
GraFun Labs unveils its memepad on the TON blockchain, aiming to elevate meme coin growth in a currently underrepresented ecosystem.
GraFun Integrates TON
DWF Labs boosted this news after GraFun Labs’ initial announcement, but the companies’ direct collaboration on the project seems unclear. Since September, the two firms have partnered to support token launches on GraFun, helping the rise of a flourishing meme coin industry.
“We are excited to partner with GraFun to support the next generation of memecoin projects. GraFun’s…model aligns with our commitment to fostering transparency and sustainability in crypto. Together, we aim to empower emerging projects and provide them with the liquidity and support they need to succeed,” said Andrey Grachev, Managing Partner at DWF.
Both companies frequently promote each other on social media, but their exact cooperation on this TON integration is unclear. Two weeks ago, DWF launched a $20 million fund for meme coin creators, making new asset development more accessible regardless of the blockchain. Last week, the firm also promoted GraFun’s Ethereum integration announcement.
Regardless, Telegram’s Toncoin (TON) blockchain is certainly a fruitful ground for meme coin expansion. Two months ago, it launched Memelandia, a decentralized meme coin hub, to foster growth in this sector. TON’s underlying price has steadily risen this month, further aiding new profit opportunities.