According to PANews, Andre Cronje, the founder of Fantom, has announced that he is conducting due diligence on Meme coins. His aim is to establish a framework on Fantom that would allow for the issuance, support, and nurturing of community-safe Meme coins.

Cronje made this announcement on the X platform, indicating his commitment to ensuring the safety and security of these digital assets within the Fantom ecosystem. The founder's focus on due diligence highlights the importance of thorough research and analysis in the rapidly evolving world of cryptocurrency.

This move by Cronje is seen as a step towards fostering a safer environment for Meme coin transactions on the Fantom platform. It is expected to contribute to the growth and development of the Meme coin community within the Fantom ecosystem.