Just recently Moonshot grew to new heights after playing a crucial role in getting the “Official Trump” (TRUMP) meme coin to market. On January 18, the company celebrated a milestone, its six-month anniversary, where it showcased its record-breaking accomplishments — an absolute game changer for both the platform as well as the overall meme coin market.
Moonshot is a cryptocurrency trading platform that has taken the market by storm as the TRUMP meme coin slingshots to new heights.
Moonshot shared its growth as a result of the endorsement through an X (Formerly Twitter) post revealing that since being listed on the TRUMP coin website as the go-to platform to purchase the token, Moonshot has exploded.
Over the last 12 hours, Moonshot has processed nearly $400 million in trading volume, also breaking fiat-to-crypto onramp records and onboarding over 200,000 new blockchain users in the process, the announcement said.
“Moonshot just powered one of the most consequential onboarding events in crypto history — thank you to everyone who’s supported us. Job’s not finished,” the company said on X. The Moonshot team, despite managing an influx of support requests amid high platform use, said it remains dedicated to meeting demand from users and scaling its operations.
Dune Analytics data shows how the platform has soared to new heights. On January 19, Moonshot registered $2.16 million of fees processed, after $1.59 million the day before that. Before the TRUMP token launch, Moonshot had 3,500 to 4,900 unique daily traders. These figures exploded over the weekend, hitting 93,836 unique traders on Saturday and 91,470 on Sunday.
The explosive growth of Moonshot also underscores its potential to establish new industry benchmarks for meme coin trading and decentralized finance (DeFi). Moonshot and other pump, pump, pump, pump. and Photon is among a bunch of tokens that have strengthened the Solana blockchain to cement its place in the meme coin sphere.
Also Read: Trump Memecoin Pushes Moonshot to Top 10 on U.S. App Store
