This is a decision as far as I can understand, we cannot do away with the fact that memecoins contribute greatly to the development, popularity and usability of any Blockchain, I can say for sure that in this season that we are in, memecoins brings in more users and investors to a Blockchain than dapps and other high technologically backed projects, in the end, I think we can all ask ourselves, what is the essence of having really good dapps running on a Blockchain where as there are no users to use them?
For example, I personally wouldn't have had nothing to do with avalanche if not for COQ INU, a meme coin that is built and running on avalanche.
I also would never had had anything to do with Ton Blockchain is not for FISH, a memecoin that is built and running on Ton Blockchain.
So for me, after the rise of ethereum and Binance smart chain, meme coins promote a Blockchain much more than any technologically backed project, so, if avalanche foundation is deciding to invest in meme coins on their ecosystem, it's a really good and a welcomed idea.