Avalanche,overtime has been known to be a fast growing #memecoin ecosystem, offering new profitable trading opportunities for investors in this fast-moving year. Despite the memecoin -base not been fully established yet on Avalany, they still hold certain advantages.

Avalanche, unlike @Ethereum and @Solana Official with a more established base, offers a low trading fees and high scalability in infrastructure, providing a competitive hub for memecoins trading. Memecoin trading on @undefined depends on the community to build value, and this is because, they are mainly created for entertainment, that have no real use cases, although memecoins launched on Avalanche tend to benefit from the blockchain 's fast finality and low transaction fee.

With all of these cons for #memecoins on the Avalanche ecosystem, they are some key benefits they enjoy:

1. Growth Potential: the explosive profits of Avalanche can be profitable platform for memecoins to thrive on, with a market cap leveled up at $28B in the year 2021, there are chances of such massive profits.

2. Low competition: memecoins on Avax have little or no competition since the Avalanche blockchain is not as grounded as other blockchain s loaded with different other memecoins. A little impact can make a huge difference to the community.

3. Efficient Transaction: there is efficient and large scale trading of Avax memecoins due to low network fees.

There are 5 best tradable AVAX meme tokens to invest in this year they are:

1. ket (KET) @ $0.18

2. WINK @ $0.03

3. JOE @ $0.19

4. COQ @ $0.00

5. PNG @ 0.14

Investing in these projects early enough is posed advisable and wise, because of their rapid growth and progress in their market capitalization, their sustainable market value at different stable prices, their potential impact, smart contracts based on audits, reliability and offerings, market capitalization, fast growing community, and trading activity.

In addition, @undefined memecoins poses high risks, high investments and require investors, which is common to all #ecosystems and #cryptocurrencies , so users are encouraged to evaluate projects, it's fundamentals and market potentials. In Avalanche, traders can use tools such as #Snowtrace #Avascan and #DexTools to analyze trading volume, smart contracts and token holder distribution.

If you are interested in trading memecoins on Avalanche, the following DEXs are recommended:

1. LFJ, formerly known as Trade Joe

2. Pharaoh exchange

3. Matcha.

More details on:

https://insidebitcoins.com/crypto/avax-meme-coins

Follow @avax and

@Wink_Realm, for more info.