Avalanche announces the launch of the “Memecoin Rush” program with $1 million in AVAX tokens to boost memecoins.
AVAX will be distributed as rewards for liquidity providers on major DeFi platforms, strengthening the community token ecosystem.
The first memecoins affected are Coq, NoChill, Tech, and Kimbo.
On March 21, the Avalanche Foundation launched “Memecoin Rush,” a program offering $1 million in Avalanche tokens (AVAX) to encourage traders and liquidity providers of community tokens in the ecosystem.
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