Moonshot: The Rising Meme Trading Platform With Explosive Growth
Moonshot (@usemoonshot) has been making waves in the crypto world, generating $498K in revenue over the last 30 days, representing a staggering 1,657% month-over-month growth.
With around 4,000 daily distinct users, Moonshot has rapidly gained attention, particularly since its frequent mention in tweets beginning in October.
Contrary to some reports, the Meme launch platform referenced here is not the one launched by DEXScreener, but rather a Meme trading app incubated by Alliance DAOs Pump.fun team.
Launched in July, the app quickly gained popularity, with notable support from crypto influencer Murad. Moonshots early success was fueled by its integration with the $MOODENG and $GOAT tokens, propelling it into the spotlight.
1/ Moonshot Moonshot
DEXScreener Meme Meme App https://t.co/fBNEH1YCUw Alliance DAO
KOL Murad $MOODENG $GOAT
Ai (@ai_9684xtpa) October 23, 2024
Moonshots Features
Often dubbed the Binance of Memecoins, Moonshot offers users the ability to quickly trade and manage their assets. Heres a summary of its key features:
1. Easy Deposits and Withdrawals: Moonshot supports direct coin purchases using credit cards, making it highly accessible.
2. User-Friendly Interface: The platform simplifies Meme coin trading, making it as easy as buying a lottery ticket.
3. Strong Operations Team: The Moonshot team has a knack for identifying hot trends, launching tokens that capture market attention.
Fee Structure
Transaction Fees: A 2.5% fee applies to transactions between $1 and $250, with a minimum fee of $0.30. For transactions over $250, the fee drops to 1%.
Deposit and Withdrawal Fees: These fees follow Moonpays standards.
According to the Dune dashboard, Moonshots daily fee revenue peaked at $32,978, with 4,856 users trading on a single day. While the platform has yet to disclose trading volume, it selects coins for listing based on 24-hour trading volume exceeding $1 million.
Moonshot(@usemoonshot) generated $498K in revenue over the past 30 days, marking a 1657% month-over-month growth.
Daily distinct users are around 4,000. pic.twitter.com/aeAmOjO7Gs
Lookonchain (@lookonchain) October 24, 2024
Currently, Moonshot is only available to overseas users and is best suited for meme coin enthusiasts rather than advanced traders seeking complex functionalities.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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