#Avalanche Doubles Down on #Meme Coins: Launches $1 Million Liquidity Mining Incentives Program #AVAX https://t.co/MoZSKHJZzf
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#Avalanche Doubles Down on #Meme Coins: Announces $1 Million Liquidity Mining Incentives Program #AVAX https://t.co/MoZSKHJZzf
Avalanche has launched a liquidity incentive program named 'MemeCoin Rush' aimed at boosting its native memecoin ecosystem. The program includes staking opportunities for memecoins with rewards in AVAX and introduces various gamification elements in its first phase. Additionally, the program has announced a partnership with $TECH, a community coin within the AVAX ecosystem, which has also been listed on Enclave Markets. The initiative is part of Avalanche's broader strategy to double down on memecoins, committing $1M to liquidity provider rewards for memecoin participants. This move has garnered attention across the cryptocurrency community, signaling a significant investment in the memecoin sector by Avalanche.