Jun 28, 05:40 PM

Solana’s Moonshot Adds Apple Pay Tool for One-Tap Memecoin Minting

Moonshot, a popular trading application built on the Solana blockchain, has introduced “Moonshot Create,” allowing iOS users to mint new Solana-based memecoins by uploading a photo and paying the network’s initialization fee through Apple Pay. The move extends the platform beyond buying and trading to a three-step creation workflow aimed at retail investors and hobbyists. Newly minted tokens carry a 0.5% trading fee that falls to 0.3% once the coin’s supply is locked to an on-chain liquidity curve, a process the company calls bonding. Creators can earn up to 50% of the swap fees generated by their pools. Coins that bond and reach a $1 million fully-diluted valuation become eligible for preferred verification and prominent placement on Moonshot’s discovery tab, potentially increasing liquidity and fee income for both creators and the platform, which reports millions of monthly active users. The product debut comes as interest in memecoins cools. According to Blockworks data, Solana-based memecoin trading volume climbed from $56.4 billion to $74.7 billion in May but has fallen to about $47 billion so far in June, while the broader memecoin sector has suffered an average 30.3% drawdown over the past month. Rival launchpad Pump.fun also released an update to its mobile application on the same day, underscoring rising competition to capture what remains of retail enthusiasm in the segment.

#Moonshot #Solana #Moonshot Create #iOS #Apple Pay #Blockworks

Written with ChatGPT .