Meme coin issuance and trading platform GraFun plans to expand to Ethereum to attract new users
According to CoinDesk, Meme coin issuance and trading platform GraFun will expand to the Ethereum network on Wednesday. Its developers stated that expanding to Ethereum will help GraFun attract a new audience, tap into higher liquidity of Meme coin issuance, and increase its popularity among cryptocurrency traders.
It is reported that GraFun uniquely offers a "fair curve" model, which developers claim can minimize rug-pull risks. Floki owns over 40% of GraFun's shares, with other supporters including DWF Labs.
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Data: A total of 78,000 ETH were transferred out from Fidelity Custody, worth approximately $237 million.
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