From Thousands to Tens of Thousands: Moonshot's User Base Skyrockets Amid TRUMP Meme Coin Craze
Moonshot, a cryptocurrency platform for trading meme coins, sees explosive growth with the launch of the TRUMP meme coin, onboarding 200K+ new users and handling record-breaking $400M in trading volume.
Moonshot Platform Hits Record Highs Amid TRUMP Meme Coin Frenzy
Explosive User Growth and Record Trading Volume
- What Happened?
On Jan. 18, Moonshot celebrated its six-month milestone with unprecedented growth following its role in the launch of the Official TRUMP meme coin. - Key Stats:
- Processed $400 million in trading volume within 12 hours.
- Added 200,000+ new users onchain, marking one of the largest onboarding events in crypto history.
- Surpassed 93,800 unique daily traders on Saturday, compared to its prior average of 3,500–4,900 users per day.
Platform Milestones and Market Impact
- Revenue Surge:
Moonshot generated $1.59M in fees on Jan. 18 and $2.16M on Jan. 19, reflecting the surge in trading activity. - Leading Tokens:
- Tether (USDT) dominated trading volume, accounting for $32.88M in the last 24 hours.
- The TRUMP token saw $3.04M in trading volume during the same period.
A New Era for Meme Coin Trading
- Market Influence:
The success of the TRUMP token launch highlights evolving trends in meme coin trading and user preferences in decentralized finance (defi). - Broader Impact:
Platforms like Moonshot, along with Pump.fun and Photon, have contributed significantly to the growth of the Solana blockchain, a key player in supporting high-volume meme coin trading.
What’s Next for Moonshot?
The surge in Moonshot’s user base and trading activity signals a potential paradigm shift in crypto onboarding and defi innovation. With strategic initiatives and continued expansion, Moonshot is poised to set new benchmarks in meme coin trading and decentralized finance.
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