# The Avalanche Foundation Announces Memecoin Rush

The Avalanche Foundation (the “Foundation”) has launched phase one of Memecoin Rush, a $1M liquidity mining incentive program that begins now and will have several phases. In the same tradition as the Foundation’s successful past incentive programs, Memecoin Rush is designed to help scale liquidity

| Fact | Value |
| --- | --- |
| Published | 21 March 2024 |

Source: https://egamers.io/the-avalanche-foundation-announces-memecoin-rush/