GraFun introduces GraFun Labs to enhance the memecoin ecosystem on BNB Chain, partnering with DWF Labs and Floki to support new memecoin projects.
GraFun’s Contribution to Memecoin Ecosystem Growth
In an exciting development for the burgeoning memecoin landscape, GraFun, a prominent launchpad on the BNB Chain, has unveiled GraFun Labs. This innovative division aims to stimulate growth and creativity within the memecoin ecosystem through collaborations with notable partners, including the trading firm DWF Labs and Floki—the largest memecoin by market capitalization on the BNB Chain.
GraFun Labs will assist emerging memecoin projects by offering a unique Growth Program that focuses on fostering community engagement. This initiative reflects GraFun’s commitment to nurturing a vibrant memecoin culture while providing essential resources for aspiring projects.
Projects with innovative concepts and strong narratives are invited to apply for the Growth Program through GraFun Labs’ online submission form. This initiative will help small projects in this space have better community outreach, brand identity, marketing strategies, and influencer collaborations.
GraFun debuted in September on BNB Chain with its novel “Fair Curve” mechanism for launching new memecoins. This approach helps reduce risks like rug pulls, limits price manipulation and creates a safer environment for traders.
GraFun reached over $250 million in trading volume within 24 hours of its launch on PancakeSwap.
Pepe Unchained Raises Over $20 Million In Presale
Pepe Unchained (PEPU) has shown strong investor interest after its presale generated over $20 million. This achievement marks an important milestone for this new layer-2 memecoin.
Pepe Unchained is focused on creating a lasting impact in the crypto market by building a robust ecosystem tailored specifically for meme coin traders. Investors can purchase PEPU tokens at a fixed price of $0.0103, with payments accepted in ETH, USDT, BNB, and credit or debit cards.
By the conclusion of the presale, the Pepe Unchained team intends to list the project’s native token (PEPU) on decentralized exchanges (DEX), preferably Ethereum-based ones. Notably, 7.5% of the total supply of 8 billion PEPU tokens has been earmarked for initial liquidity.
The project has also reserved 10% of the supply for future promotional campaigns. The excitement surrounding Pepe Unchained is amplified by its robust development practices.
Coinsult and SolidProof have thoroughly audited the project’s smart contracts and noted no significant issues.
Building a Unique Memecoin Ecosystem
Pepe Unchained aspires to redefine the memecoin landscape by establishing a dedicated layer-2 network (Pepe Chain), specifically for memecoins. This innovative infrastructure promises faster transaction speeds and lower fees compared to Ethereum.
The project’s whitepaper claimed it would operate at 100 times the speed of its layer-1 counterpart. In addition to creating a seamless trading experience, Pepe Unchained offers a “double staking” application that allows PEPU holders to earn crypto rewards.
The annual yield is projected at 110%. Already, investors have locked up over 1.4 billion PEPU tokens in this staking system.
Supporting Innovation with Developer Grants
Meanwhile, Pepe Unchained is also committed to fostering innovation within its ecosystem. The team has opened applications for access to developer grants, encouraging new projects to build on the Pepe Chain.
This initiative is aimed at nurturing creativity and expansion within the memecoin community. The project has over $37.7 billion locked in various scaling solutions, a 226% increase from last year.
Rising Momentum
The PEPU token is rapidly gaining recognition, ranking highly on platforms like ICOBench and CoinSniper. It has caught the attention of well-known crypto analysts, including ClayBro and the 99Bitcoins team.
The Pepe Unchained community awaits an official launch date, with many hopeful for a DEX listing before the year concludes. As Pepe Unchained capitalizes on early investor enthusiasm and continues to build a comprehensive ecosystem, its potential to become a leading ecosystem in the memecoin space is enormous.
Hence, it could challenge some current leaders in this space, such as Popcat, Floki and Bonk. Dogecoin, Shiba Inu and Pepe are the top three memecoin projects currently.