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Fantom Cofounder Mulls Idea for 'Safer' Meme Coins

Summary

Fantom Foundation's co-founder Andre Cronje proposed a plan to issue meme coins on the network, aiming to mitigate risks associated with such tokens. The plan involves controlling token liquidity pools, allocating tokens for expenses and marketing, and burning excess tokens. This marks a shift in blockchain teams engaging directly with meme coins. Avalanche Foundation and BNB Chain developers have also shown interest in supporting meme coins.