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GraFun Labs Expands to Near Protocol for Memecoin Growth

February 11, 2025
in Crypto News
Reading Time: 3 mins read
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  • GraFun Labs has launched on Near Protocol, expanding its memecoin launchpad capabilities beyond its previous success on BNB Chain.
  • Backed by Floki Inu, GraFun Labs aims to simplify memecoin creation and trading within the Near Protocol ecosystem.

GraFun Labs, a memecoin launch platform backed by Floki Inu, has officially launched on Near Protocol. This move further integrates crypto-based innovations into the Near ecosystem, which continues to gain traction globally.

However, what is interesting is not only the expansion but also its impact on memecoin enthusiasts and how Floki Inu continues to develop its strategy in the competitive crypto space.

🔥 GraFun is NOW LIVE on NEAR! 🔥

🤑 MEME season just got even wilder — GraFun has officially landed on @NEARProtocol! 🚀

💥 No delays. No waiting. Jump in, create, and trade your memecoins right now! ⚡ NEAR’s lightning-fast & AI-powered ecosystem + GraFun’s Legendary stuff =… pic.twitter.com/uHhEzRUboq

— GraFun (@GraFunLabs) February 10, 2025

GraFun’s New Steps on Near Protocol

Imagine if you wish to create your own memecoin but without having to go through a difficult technical process. That’s what GraFun has been offering since its launch. With just the first 24 hours’ trading volume of approximately $250 million on BNB Chain, this platform was once successful there.

Now, with GraFun’s entry into the Near ecosystem, the blockchain community has more options to launch and trade their memecoins more efficiently.

Conversely, this choice also helps Floki Inu’s position in the memecoin domain to be strengthened. Floki Inu, who owns 40% of GraFun’s shares, not only supports this growth but also validates their desire to remain a big influence in the crypto space.

Floki Inu and AI Ambitions on Blockchain

The steps of Floki Inu continue beyond GraFun. Last December, as we previously reported, Floki Inu additionally included Bad Protocol to hasten AI Agent development on the BNB Chain. This fits their approach of giving BNB top priority as the primary network for their innovation.

Bad Protocol offers a versatile framework for developing and deploying AI agents in this field, claims Floki Inu’s official blog. Thus, this is part of the great ambition of Binance founder CZ, who wants artificial intelligence to grow in the blockchain ecosystem.

Moreover, Floki DAO approved an investment of $125,000 in the BADAI project, therefore displaying a great dedication to artificial intelligence. Fascinatingly, throughout the pre-sale period, 99.71% of voters approved this choice.

From more accurate market analysis to algorithm-based automated trading, BADAI promises more advanced artificial intelligence capabilities. It is not surprising that Floki DAO sees a great potential that cannot be missed, given the progressively dominant AI trend in the crypto space.

Floki Expansion: TokenFi, Valhalla, and Swiss Exchange

Floki Inu is also not only concerned with artificial intelligence and memecoin introduction. Through other projects, including the TokenFi listing, Valhalla game launch, and Exchange Traded Product (ETP) plans on the Swiss SIX Exchange, they have enlarged their ecosystem.

By means of these calculated actions, Floki Inu keeps striving to give its community more value and validate its existence as a crypto project creating a sustainable environment rather than depending just on trends.

Meanwhile, as of press time, FLOKI was trading at about $0.000099. Over the last 24 hours, it had increased by 6.82% and over the last 7 days by 3.78%. This movement captures Floki Inu’s attempts to recover from the correction that occurred since mid-November 2024.


Credit: Source link

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