The Avalanche meme token ecosystem is experiencing explosive growth and volatility, with COQ token dominating market dynamics by representing 82% of the total meme coin market capitalization at $63.2M and commanding 96.8k total holders. The market shows significant price movements, including a 186.21% surge by TECH token and a 671% price increase by AKITAX, while 67% of tracked tokens experienced price declines over 30 days. The total meme coin market reached $90.4M across 611 unique tokens, with high speculative interest and substantial token burn activity, particularly by EGS token with 2.1M tokens burned.