The#AvalancheFoundation (#avax) announced in December last year that it would invest in memecoins through its “Culture Catalyst” program to support the Blockchain network and developers on the network.

In the latest development on the subject, the Avalanche team published a report yesterday in which they announced 5 memecoins for which they will provide investment support. In the published report, it was stated that the memecoins to be supported on the network were selected based on criteria such as crypto communities, uniqueness and the theme of the project. Accordingly, the 5 memecoins that will be supported are; #Kimbo #KIMBO Coq Inu #COQ Gecko #GEC Technology Joke Token#TECHand No Chill became #nochill .

$BTC $AVAX #avax