Avalanche Foundation, which supports the Avalanche blockchain, announced the 5 meme coins it holds.
Avalanche Foundation, which stated last year that it would invest in meme coins in the Avalanche ecosystem and thus support growth for the benefit of the community, announced the projects it invested in.
In the announcement made by the team on March 14, Coq Inu (COQ), Gecko Inu (GEC), Kimbo (KIMBO), AVAX HAS NO CHILL (NoChill) And to Tech It was stated that the investment was made.
COQ in the last 1 week %one hundredKIMBO 120%,NoChill 130% and if GEC 170% experienced an increase.
Avalanche Foundation, in its previous statement, stated that the projects it will invest in are: The vision of creating a more solid culture in the Avalanche ecosystem He stated that it would include.
Each coin held by the Foundation complies with the eligibility criteria set by the Foundation for coin projects. These criteria are designed to evaluate a particular coin’s adherence to Avalanche and fair Web3 practices
Meme coins to be purchased by the Avalanche Foundation will also be At least 2 thousand investors and the 100 largest investors, the total supply of the coin less than 60% to control, at least 50 liquidity providers by at least 200 thousand dollars liquidity It must be provided, it must have a market value of at least 1 million dollars, and it must have a transaction volume of at least 100 thousand dollars per day within a two-week period.