Avalanche Foundation Sets Criteria for Memecoin Support

January 25th, 2024
The Avalanche Foundation announces criteria for supporting community memecoins, propelling AVAX up 4%. Criteria focus on fair launch, bot resistance, and security audits. Eligible tokens require 2,000 holders, $200K liquidity, and a $1M market cap on Avalanche DEXs, aiming to bolster the Culture Catalyst program.
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