The latest update: The date is April 10, 2024 at 13:00 EDT | Read 2 minutes
The article analyzes Avalanche meme coins and examines whether a new innovative multichain cryptocurrency is a viable alternative. DogeverseThe most exciting new meme coin is.
Avalanche Haters: How do they react to JPMorgan Citi Fidelity, etc. running their product over Avalanche, vs. Avalanche Foundation adopting Meme Coin to lead the Social Vertical? pic.twitter.com/CtrpmRtRvO
— Jony.Sarker.AVAX | (@jonycsarker) 30 December 2023
When announced in 2023, the Avalanche Foundation’s decision to start acquiring meme coins caused a ripple of shock throughout the cryptocurrency community.
The Foundation’s first meme coins were purchased at the New Year’s rally as part of its drive to be a leader in digital culture.
What are the results of The Avalanche Foundation’s first Meme coin purchases?
(AVAXUSDT)
A clear strategy is in place to target popular animal-themed cryptocurrency. Avalanche chose the dog coin Kimbo, the chicken themed Coq Inu and gecko themed Gecko. They also selected a token that said “technology joke” (TECH) as well as a homegrown Avax classic with no chill.
The Avalanche Foundation has had a great deal of success with the purchase of meme coins. All projects have outperformed the AVAX prices over the last few months.
‘Meme Coins, the best investment in meme coins so far.Avax Has No Chill (NOCHILL), which saw a return of +10,731% this year.
Gecko Inu, which is a close second in terms of gains achieved during the same time period (+8,233%), has also been impressive.
The impressive price pump has been boosted by strong entries with low market caps. It is important to note that an Avalanche Foundation investment significantly strengthens any meme coin projects fundamentals, and accelerates growth.
Retail investors are scrambling to find the next meme coins to buy. The truth is, it’s anybody’s guess. However, projects with strong animal themes and a good market share available on AVAX make for strong candidates.
Can DOGEVERSE be the Avalanche Foundation’s next major purchase after going live on AVAX?
Dogeverse’s presale is one example that has gained viral popularity. Retail investors are racing to take part in the “unification of DOGE across-chain” as it has been dubbed.
DogeverseThe project, a multi-chain meme coin with a dog theme that is currently active in presale has raised over $1M within 48 hours.
This token’s presale is being launched across several chains including Ethereum, Avalanche Base and Solana, offering a broad appeal by allowing DOGE to trade cross-chain.
This approach, according to the project developer, democratizes the access and allows anyone to acquire the coin. It will turbocharge growth, becoming a major force in the cryptocurrency market
The market is a good indicator of what’s in demand Dogeverse presale As more people flock to the cross-chain opportunity, they will reap huge benefits.
Dogeverse supporters claim that it could become the new BONK or BOME in a few weeks, with a market capitalization of $1 billion.
Dogeverse On X Get the latest updates and news Telegram is a great way to connect with other presale members..
DOGEVERSE is available for purchase here.
Cryptocurrency is an asset class with high risk. The information in this article does not represent investment advice. Your capital could be lost.