Memecoin Launchpad GraFun Crosses $250M in Volume on BNB Chain Release

GraFun, released Friday on BNB Chain, saw over 5,800 tokens created on its first day, generating around $100,000 in fees for the blockchain. One GraFun-originated project, BabyBNB, reached a peak market cap of $132 million a day after issue and was eventually listed on centralized exchanges MEXC and Gate.