Moonshot is a mobile application on the Solana blockchain that has quickly become a popular platform for memecoin trading among both newcomers and experienced traders.
Moonshot's Features and Functionality
Moonshot bridges traditional finance with the world of memecoins. Users can trade popular tokens like TRUMP and Bonk using various payment methods. Security is ensured through Multi-Party Computation (MPC) technology which creates self-custodial wallets. The application provides real-time market information, including price charts, market capitalization data, and trading volume indicators.
Moonshot's Story
The story of Moonshot began in July 2024. The platform quickly gained support in the crypto community, and its partnership with MoonPay enabled fiat currency integration. By October 2024, the app reached $498,000 in monthly revenue with 4,000 daily active users. In January 2025, revenue surged to $18.4 million, with the user base exceeding 1 million daily active users.
Moonshot's Evolution and Development Focus
The Moonshot team continues to enhance platform capabilities. Recent updates include algorithms for displaying trends and user interface improvements. The January 2025 acquisition by Jupiter marked a new chapter in Moonshot's development focus on improving trading efficiency, security protocols, and platform stability.
Moonshot offers powerful tools for memecoin trading, making this market more accessible. Its security, user-friendliness, and traditional payment method integration have made the platform a significant player in cryptocurrency trading.