A new token called GraFun was released on the BNB Chain last Friday, and it quickly gained popularity. Over 5,800 tokens were created on the first day of its launch, resulting in approximately $100,000 in fees for the blockchain.
One of the projects that originated from GraFun, BabyBNB, saw significant success. Within a day of its launch, BabyBNB reached a peak market cap of $132 million. The project was later listed on popular centralized exchanges such as MEXC and Gate.