jakiro
Author: Daniel Li
Meme currency trading platform Moonshot has emerged recently. With its user-friendly design and convenient trading process, it has quickly gained market recognition. It is known as the “Little Binance” and is effectively solving the “last mile” problem in Meme token trading..Compared with traditional centralized exchanges (CEX), Moonshot’s design is more friendly to new users. It not only supports traditional on-chain recharge methods, but also supports fiat currency recharge, including options such as credit cards, Paypal and Apple Pay, which greatly reduces the number of smallThe entry threshold for white users.
The rise of Moonshot marks the evolution of wallet applications challenging CEX’s dominance.Convenient platforms like Moonshot built in the “strict selection model” and Taobao-style applications similar to “DEXX” will further simplify users’ trading experience.Compared with the complex asset listing and market capitalization preparation required by CEX, Moonshot can quickly list various Meme coins to quickly meet the needs of retail investors.This flexibility not only brings exposure opportunities to emerging projects, but also drives market activity for Meme tokens.Although CEX has a deep security infrastructure, it seems to be relatively lagging in responding to market demand quickly, which is exactly the opportunity Moonshot seizes.
As more and more investors recognize the potential of such innovative platforms, more easy-to-use on-chain applications with similar models may emerge in the future, making crypto transactions more open, flexible and diverse.Moonshot’s success may just be the beginning. In the future, the crypto application market will be further enriched, bringing tangible market opportunities and potential benefits to more users.
01Moonshot drives Memecoin’s new round of wealth creation effect
Internet culture and Meme have always played an important role in the cryptocurrency market.Although Meme coins often make it difficult for most investors to benefit from it due to their high-risk characteristics and face significant losses, their own traffic characteristics have become an indispensable part of the development of public chains.Therefore, even though the value investment in the Meme market is becoming increasingly unreliable, its traffic remains unabated.Whenever a bull market comes, the latest MemeCoin can always become the focus of hot discussion in the market.
The emergence of Pump.fun has pushed the Meme market to a new peak.As the world’s largest Meme launch platform, Pump.fun gives users the ability to deploy and issue tokens without development experience and only need extremely low cost (0.02 SOL), leading the Meme currency field into a new era of “the issuance of coins for all people” without the need for development experience, leading the Meme currency field to enter a new era of “the issuance of coins for all people”.Against this background, can latecomers still get a share of this field?The emergence of Moonshot provides us with a completely new way to participate.
The Moonshot mentioned here is not the Meme launch platform launched by DEXScreener, but the Meme trading app that was incubated by Alliance DAO, the Pump.fun incubation team.Moonshot is an AppThe Store’s previous application that supports direct purchase and sale of Memecoin using fiat currency.Since its launch in mid-July this year, Moonshot has quickly become the core force in promoting a new round of wealth growth in the Memecoin market.The emergence of Moonshot broke the technical barriers of the Memecoin market and opened a new chapter of “coin subsidy”.Through the Moonshot platform, users can easily purchase Memecoin using common payment methods such as Apple Pay, credit cards, PayPal, etc., which not only lowers the entry threshold for cryptocurrencies, but also allows Web 2 users who are not familiar with blockchain to enter the Web 3 field and appreciate it.The unique charm of the crypto market.
Shortly after Moonshot was launched, it witnessed the rise of multiple MemeCoins one after another.Among them, MOODENG’s surge is particularly eye-catching.MOODENG landed on the Moonshot Exchange on September 24, 2024, quickly attracted widespread attention from the market and achieved an astonishing price soar in a short period of time, with a maximum increase of 100 times.This feat not only soared the market value of MOODENG from about $100 million to $300 million, but also brought massive transaction volume and user growth to the Moonshot platform.In just a few days after MOODENG went online, Moonshot’s daily trading users surged from 396 to 3,458, and daily trading fees also soared from about 3,681 to $24,000.
In addition to MOODENG, Moonshot has also witnessed several outstanding MemeCoins, such as SPX6900 and AI memecoin GOAT.The SPX6900 market value was less than $30 million when it was launched on Moonshot, but in just one month, its market value soared to $900 million.The recently high-profile AI meme coin GOAT token has soared from less than US$40 million to US$500 million after it was launched on Moonshot.These cases once again prove Moonshot’s excellent “coin listing effect”. Many meme project parties have begun to rush to go online to the Moonshot exchange, which has also injected new vitality and opportunities into the Meme market.
02Convenient deposit and withdrawal: Moonshot becomes the encryption tool for the younger generation
As a MemeCion trading platform that has rapidly risen in just half a year, Moonshot’s success is not only due to the launch of popular meme coins, but also because it deeply understands the market demand trends.The launch of Pump.fun has triggered a wave of issuing coins for the whole country, but the emergence of a large number of low-quality tokens has quickly saturated the meme market.Investors are beginning to hope to find a platform that provides quick access to the market, adapt to hot spots, and lowers trading thresholds.It is in this context that Moonshot has been born with the trend, meeting the needs of young users and becoming a leader in market innovation.
User-friendly design concept: minimalist UI and quick to get started
Moonshot has abandoned the complex operational processes in traditional cryptocurrency trading platforms in design, and has a minimalist UI and easy-to-use experience as the core, greatly reducing the user’s threshold.Traditional crypto trading platforms often require users to be familiar with technical operations such as private key management and Gas fee settings, and these complexities discourage many novices.Moonshot simplifies the process, eliminating users’ technical anxiety, allowing users to focus on trading and investment.
In the registration process, Moonshot only requires users to register an account through email, further supporting Face ID and Touch ID authentication, which is convenient and fast.At the same time, the system will automatically generate a wallet address, which does not require users to set and manage it themselves, simplifying the experience for novices.In addition, Moonshot also adopts a clear and concise interface layout, which is very suitable for mobile users to operate, reducing the complexity of operations and allowing young users to enter the crypto market effortlessly.Through a friendly operation interface and a smooth experience, Moonshot not only enhances user stickiness, but also expands the potential audience of the market.
Multiple fiat currency deposits and low transaction costs: lowering the threshold for newcomers
For new users who want to enter the crypto market from traditional finance, fiat currency deposit channels and transaction costs are key considerations.Moonshot is the first to support various fiat currency deposit methods such as Apple Pay, credit cards and PayPal. Users can directly purchase Meme coins on the App Store, becoming the world’s first application that supports Apple Pay to directly trade Meme coins.This design not only simplifies the conversion process from fiat to cryptocurrency, but also eliminates the tedious steps of account creation and KYC verification, allowing users to start crypto transactions quickly and easily.
In addition, on the basis of fiat currency deposit, Moonshot also supports the recharge and withdrawal of SOL and USDC crypto assets on the Solana chain, further expanding the deposit options for Web2 and Web3 users.This flexible deposit method and low transaction cost design are particularly attractive to young high-frequency trading users. They can trade freely without having to bear high gas fees, which greatly reduces financial pressure and improves trading efficiency.Moonshot has now been launched on the App Store in more than 130 countries. With its simple and efficient user experience, it paves the way for traditional financial users to enter the crypto market and injects new vitality into the expansion of the crypto market and liquidity growth.
A sharp market sense: fast coin listing and preferred token mechanism
Moonshot shows extremely strong market sensitivity in token listing strategy and can quickly capture market hotspots.Compared with the cumbersome review process of traditional exchanges, Moonshot’s currency listing process is more flexible and efficient.Although the specific listing standards have not been fully disclosed, it is understood that Moonshot will give priority to MEME tokens with transaction volume of US$1 million within 24 hours. Project parties can submit information such as project name, code, contract address and creation time.Whitelist.At present, Moonshot has successfully launched WIF, POPCAT, GOAT, SPX and MOODENG.
This agile listing mechanism allows Moonshot to quickly identify potential value tokens in the market.While other large trading platforms are still dealing with complex token listing processes, Moonshot has been able to be the first to listings, which allows users to trade on Moonshot when some popular tokens are not yet available on large exchanges.This strategy of seizing market hotspots has quickly won a good reputation among young users.
Strengthen social interaction: an innovative recommendation and reward mechanism
To increase user engagement and sociality, Moonshot introduced a novel recommendation reward mechanism.Users can earn 50% of all transaction fees each time they successfully recommend a friend, and the recommended person can receive up to USD 100 worth of MEME coins in the MEME reward pool provided by third-party sponsors as a reward.This model not only allows users to communicate more frequently, but also allows the platform’s user growth to be positively promoted.Through the socialized reward mechanism, Moonshot effectively increases the activity of the platform and gradually forms a socialized investment community.
For the younger generation, the recommendation reward mechanism not only increases the fun of social interaction, but also encourages users to participate in sharing, forming spontaneous word-of-mouth communication.Moonshot uses this interactive model to build a socialized community ecosystem. Users can not only obtain investment information, but also share trading experience, thus achieving the symbiotic development of the community and the platform.
03Moonshot: Focus on the innovative power of Meme segment
Against the backdrop of increasingly fierce competition in the crypto market, the strategies of major trading platforms when choosing tokens have changed significantly.No longer relying solely on market popularity, these platforms have begun to comprehensively consider the potential value brought by tokens, especially in the selection of MEME coins.This strategy creates unique development opportunities for Moonshot, which focuses on the Meme market, to rise rapidly in this segment.
The short-term explosiveness and timeliness of Meme coins make it impossible for large exchanges to respond quickly to market hotspots.This has led to a significant separation between large exchanges and small projects.Due to its huge size, it is difficult for large exchanges to adjust flexibly, and online assets need to go through complicated processes such as complex research, market preparation and publicity and design.In contrast, Moonshot focuses on the Meme market with its small and exquisite characteristics, providing retail users with a more flexible and rapid entry channel.For young people who want to quickly accumulate wealth in the crypto market, Moonshot is not only a trading platform, but also a convenient channel to the Web3 world.
As an innovative application that seamlessly combines fiat payment and Meme currency transactions, Moonshot has significantly lowered the technical threshold for users and created an efficient and convenient transaction model.This design particularly attracts Web2 users who are not familiar with blockchain technology, helping them to easily enter the Web3 world.Moonshot has quickly won the favor of a large number of new users by combining decentralized finance (DeFi) with centralized exchanges (CEX).
In addition, the development of Moonshot has also sparked discussions about “whether mobile wallets will replace CEX”.Although early wallet applications only had basic transaction functions, the technical level and market environment at that time were not enough to shake the dominance of CEX.Today, Moonshot fills the gap in the market in the form of its “wallet evolution”.It not only retains the operational convenience of CEX, but also has an efficient currency listing mechanism and low transaction costs, so as to meet users’ needs for flexibility and rapid response.
In the future, applications such as Moonshot will continue to emerge, which may further erode the market share of centralized exchange CEX.With the continuous development of the Meme currency market and intensifying competition, Moonshot will continue to leverage its unique advantages to provide users with better services and experiences, and consolidate its position in this market segment.This innovation not only brings users a convenient trading experience, but also injects new vitality into the Meme market and promotes the healthy development of the entire crypto ecosystem.
