“The Avalanche Basis intends to start out utilizing Tradition Catalyst to acknowledge and encourage the tradition and enjoyable symbolized by meme cash by buying choose Avalanche-based meme cash to create a set,” it stated. “This transfer enhances the Avalanche Basis’s ongoing engagement throughout the Avalanche ecosystem, together with NFTs, RWAs, and different sorts of cryptoassets, broadening its portfolio to embrace a extra full spectrum of prospects.”