The memecoin trading app Moonshot has seen a surge in activity following its association with the Trump memecoin, $TRUMP. In just 12 hours after being featured on the $TRUMP website as the preferred purchase method, Moonshot processed $400 million in trading volume and onboarded over 200,000 new users, setting records for fiat onramps. The app has climbed to the 7th position overall and 1st in finance on the U.S. Apple App Store, surpassing popular apps like TikTok and Instagram. The trading activity also reflects a broader trend of increased interest in cryptocurrency, particularly through fiat onramps. In the subsequent days, Moonshot's trading volume reached $700 million, indicating a sustained spike in user engagement and trading activity.