Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
GraFun, a memecoin launchpad supported by Floki and DWF Labs, saw over $250 million in trading volume in its first 24 hours on PancakeSwap.
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.
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