°Earlier this year, the Avalanche foundation announced their plans to start buying memecoins for the "culture".
This decision brought about a surge across top memecoins on the Avalanche chain, and COQ INU being one of them.
° COQ INU is the biggest memecoin on the Avalanche chain
-Launched December 7th 2023 -MC: $300 Million - A community driven token with the team having no allocation - Fully renounced contract with liquidity burned
The top memecoins on Ethereum; Shiba INU, Pepe and Floki has an MC of 21 Billion, 3Billion and 1 Billion respectively
Or that of Solana; Bonk and Dogwifhat both having MCs of 2Billion.
COQ INU being the top meme on AVAX with it's small MC has more chances of doing more X's.
Community Raises Concerns About High Number Of Ineligiblity Of Smart Layer Airdrop
The smart layer community raises concern on discord, as they notice the large number of Ineligiblity regardless of consistently fulfilling all project task.
Opinion: The Smart layer team ended up doing a raffle, and majority of those with high-points failed to qualify.
I find it troubling and it shows the negligence of the team members towards the community.