The Moonshot app, based on the Solana blockchain, quickly gained popularity among memecoin traders by combining Solana's speed with traditional payment simplicity.
Moonshot's Features and Functionality
Moonshot bridges traditional finance and the memecoin world, allowing users to trade popular tokens like TRUMP and Bonk. The app supports various payment methods, including Apple Pay, credit and debit cards, Google Pay, PayPal, and direct bank transfers through Moonpay. USDC deposits are accepted for trading on decentralized exchanges. User protection is ensured by Multi-Party Computation (MPC) technology, creating self-custodial wallets. Deposited cash automatically converts to USDC for stable trading. The app provides comprehensive market data: real-time price charts, current market capitalization, trading volume indicators, and token creation capabilities.
Moonshot's Story
Moonshot's story began in July 2024. The founders chose to remain anonymous but received early support from influential cryptocurrency figures. A critical milestone was the partnership with MoonPay in July 2024, which simplified fiat currency integration, setting Moonshot apart from other cryptocurrency platforms. Moonshot's growth metrics are impressive: in October 2024, monthly revenue reached $498,000 with 4,000 daily active users; by January 2025, revenue surged to $18.4 million, and peak trading volume was $400 million during the TRUMP token launch.
Moonshot's Evolution and Development Focus
The Moonshot team continues to improve the platform, adding new features while maintaining user-friendliness. Recent improvements include algorithms for displaying popular tokens and an enhanced user interface. In January 2025, Moonshot was acquired by Jupiter, a leading Solana decentralized exchange, which opens new opportunities for functionality expansion and new security protocol implementation.
Moonshot represents a significant step forward in simplifying memecoin trading. Its user-friendly interface, robust security features, and integration with traditional payment methods make the platform appealing to users. Ongoing developments aim to improve performance and stability, likely continuing to drive its growth in the cryptocurrency market.
