Avalanche Foundation buys self-proclaimed ‘completely useless’ memecoins for treasury

The Avalanche Foundation has announced its acquisition of five community (meme) coins native to the Avalanche blockchain network, as reported in a recent blog post. This move is part of the Foundation’s ongoing Culture Catalyst program, which aims to support Web3 creators, drive innovation on Avalanche, and promote broader blockchain adoption. According to the Avalanche […] source: https://cryptoslate.com/avalanche-foundation-buys-self-proclaimed-completely-useless-memecoins-for-treasury/