GraFun Labs has announced that its “legendary memepad” platform is now live on the TON blockchain. This announcement comes just days after the platform integrated Ethereum and other blockchains.
This marks an important development in the development of meme Coin on TON. Although the Coin meme is rising strongly throughout the cryptocurrency industry, the TON ecosystem is still not really on the rise.
GraFun Integrates TON
DWF Labs has been enhanced This information follows GraFun Labs announcedbut direct cooperation between the two companies on the project remains unclear. Since September, the two companies have cooperate to support the Token launch on GraFun, contributing to the growth of a thriving 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 promoting transparency and sustainability in the blockchain technology industry. We hope to jointly facilitate emerging projects and provide them with the liquidity and support needed to succeed,” said Andrey Grachev, Managing Partner at DWF.
Both companies regularly promote each other on social networks, but the specific details of their cooperation on TON integration are yet to be determined. Two weeks ago, DWF launched a $20 million fund for meme coin creators, making it easier to develop new assets regardless of blockchain. Last week, this company also promote announced GraFun’s Ethereum integration.
However, Telegram’s Toncoin (TON) blockchain is certainly fertile ground for the expansion of meme Coin. Two months ago, TON launched Memelandia, a decentralized hub for meme coins, to promote development in the field. The base price of TON has been steadily increasing this month, providing new profit opportunities.
To date, the TON ecosystem has not really stood out in the meme coin movement. In September, Binance listed five TON assets, praising the ecosystem as an effective path for crypto enthusiasts. Binance highlights Telegram’s strong user community, creating new opportunities for viral launches.
However, since being listed, meme coins on TON have not really made a breakthrough. In comparison, the Solana-based meme coin has brought record fees to the platform, and XRP’s recent price surge has boosted its own meme coin. To date, TON has not had similar outstanding success.
GraFun Labs could be a game changer for the TON infrastructure. However, considering that the company also recently integrated Ethereum, they may soon move on to integrating other chains.