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Moonshot

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From Trenchwiki, the trench encyclopedia

Moonshot is a Solana memecoin launchpad and self-custodial trading app that lets users buy tokens with Apple Pay and cards; it began as a launchpad from the data site DEX Screener in June 2024.[1][2] It rose to the top of the US App Store's finance chart during the launch of TRUMP and was majority-acquired by Jupiter in January 2025.[3][4]

History[edit]

DEX Screener launched Moonshot on 24 June 2024 as a competitor to pump.fun: each token has a fixed supply of 1 billion, and once buyers add 500 SOL a liquidity pool is created on Raydium, 150 to 200 million tokens are burned and LP tokens are burned to lock liquidity; presales and insider allocations are banned.[1] About 7,000 tokens were created in its first day, of which 27 reached the 500 SOL threshold.[1] Cointelegraph dates the self-custodial Moonshot app, built on TurnkeyHQ, to July 2024.[2]

Notable events[edit]

Moonshot was listed on the TRUMP website as a preferred way to buy the token launched on 17 January 2025.[3] Moonshot said it processed nearly $400 million in volume within 12 hours and brought over 200,000 people on-chain; it reached first place in the US App Store finance category and seventh among free apps, having been 309th in finance on 1 January.[3][2] It reported 1 million daily active users by 20 January, and also rose after Melania Meme launched.[2][4] At its Catstanbul event on 25 January 2025 Jupiter announced a majority stake in Moonshot for an undisclosed sum.[4] By 8 July 2025, when LetsBonk led Solana launchpads, Moonshot held 1.7% of the market.[5]

Timeline[edit]

  • 2024-06-24: DEX Screener launches Moonshot launchpad[1]
  • 2024-07: Moonshot app launches[2]
  • 2025-01-18: Moonshot tops the US App Store finance chart after TRUMP launch[3]
  • 2025-01-25: Jupiter announces majority stake[4]

See also[edit]

References[edit]

  1. ^ Moonshot Rising: DexScreener's Pump.fun Competitor Already Has 7,000 Solana Meme Coins, Decrypt, 2024-06-25
  2. ^ Solana-based DEX Jupiter acquires majority stake in Moonshot, Cointelegraph, 2025-01-25
  3. ^ Trump memecoin launch propels Moonshot into top 10 on US Apple App Store, The Block, 2025-01-18
  4. ^ Jupiter acquires majority stake in Moonshot, announces 'Jupnet' and $10 million AI fund at Catstanbul event, The Block, 2025-01-25
  5. ^ Bonk.fun Grabs 55% of Solana Token Issuance Share, Drives Buying Pressure on BONK, CoinDesk, 2025-07-08
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