$AVAX

Ava Labs CEO, Avalanche founder Emin Gün Sirer stated on social media that the Meme coin on Avalanche can not only be used for staking but also as a Gas token. This means that the functionality of the Meme coin in the Avalanche ecosystem has been expanded, increasing its utility and flexibility. In this way, the Meme coin can not only serve as an object of investment and staking but also be directly used to pay transaction fees, known as Gas fees, which could enhance the liquidity and market demand for the Meme coin. Such initiatives help promote further adoption of the Avalanche blockchain and the practical use of Meme coins.

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