Dexscreener has launched 'Moonshot,' a new platform designed to compete with Pump.fun by facilitating the launch of memecoins. The platform allows users to launch tokens with just a few clicks and provides a deflationary boost by burning approximately 150-200 million tokens. Once the market cap reaches 500 SOL (~$63.9k), all remaining tokens and liquidity will migrate to Raydium. Moonshot has already seen significant activity since its launch on June 24, with around 75,000 tokens launched compared to Pump.fun's 9,000 tokens, which is 8 times more in a single day.