Avalanche Foundation Launches $1M Program to Incentivize Meme Coin Liquidity
• Avalanche Foundation launches $1M "Meme Coin Rush" program to incentivize meme coin liquidity on Avalanche • Partners with SteakHut and Trader Joe exchanges to provide rewards for adding liquidity to meme coin pools • Aims to boost meme coin ecosystem and trading on Avalanche blockchain • Follows Foundation's recent acquisition of 5 Avalanche meme coins (KIMBO, COQ, GEC, TECH, NOCHILL) • Part of broader effort to showcase diverse Avalanche DeFi protocols and vibrant communities