Updated on:12/12/2025 05:20 PM 
The Avalanche Foundation has recently made a strategic move by acquiring five community-native memecoins as part of its innovative Culture Catalyst initiative. This forward-thinking approach demonstrates the Foundation's commitment to fostering Web3 creativity, driving technological innovation across the Avalanche network, and accelerating mainstream blockchain adoption.
Community coins have emerged as essential components of the contemporary Web3 landscape, embodying the unique values, cultural identity, and innovative spirit of diverse cryptocurrency communities. Through this strategic acquisition, the Avalanche Foundation aims to provide meaningful support to these communities while ensuring complete transparency through regular disclosures of its treasury holdings.
The Foundation's current portfolio of community coins includes Coq Inu, Gecko, Kimbo, NoChill, and Tech. Each of these digital assets has successfully met the Foundation's rigorous eligibility criteria, demonstrating their dedication to the Avalanche ecosystem and adherence to fair Web3 practices.
Notably, Tech—dubbed 'Number Go Up Tech'—represents an interesting case as a memecoin explicitly designed with "no underlying value," yet created to unite the Avalanche community through shared technological enthusiasm. According to CoinmarketCap data, the Tech smart contract was deployed on March 04 and has since achieved a market capitalization exceeding $22 million. The language used in its listing closely aligns with Avalanche's established criteria for memecoin treasury holdings, featuring the smart contract clause:
Coq Inu (COQ) operates on the Avalanche C-Chain with a total and maximum supply of 69 trillion tokens. Since its launch on December 7, 2020, the coin's valuation has been primarily driven by community engagement and social media momentum.
Gecko currently maintains a market cap of approximately $10.98 million, with a circulating supply of about 64 billion tokens. The coin holds a market rank of #1436 and has recently recorded a 24-hour trading volume of around $220,556.
Kimbo (KIMBO), recognized as Avalanche's community dog token, presents an impressive live price of approximately $0.000557 USD and a substantial 24-hour trading volume of $9,269,696 USD. With a circulating supply of 69.42 billion KIMBO tokens and a market cap of roughly $32.53 million, Kimbo has established its own subnet to expand its ecosystem capabilities.
NoChill, alternatively known as AVAX HAS NO CHILL, originated from the StarsArena community and centers on the theme of "AVAX having NO CHILL." This memecoin is actively traded on major platforms including Trader Joe and CoinEx.
The Avalanche Foundation emphasizes that its support for community coins represents an ongoing initiative, with eligibility criteria subject to evolution to accommodate the rapidly transforming cryptocurrency landscape. The Foundation is also closely monitoring ERC-404 tokens following their promising introduction as an innovative token class pioneered by the Avalanche community.
As the Foundation continues to champion what it considers culturally significant Web3 projects and celebrate Avalanche's unique digital culture, it "reserves the right to make any changes as it deems fit to further its mission and this particular initiative." These adjustments may include modifications to community coin holdings and eligibility criteria, all designed to advance the Foundation's objectives and strengthen the Avalanche ecosystem's long-term viability.
