Moonshot App Breaks Moonpay Record, Aims to Mainstream Meme Coin Investing with TikTok Creators, Bitcoin 100k

Moonshot, a new app, has broken the record for the most single-day on-ramp for Moonpay, the leading on/off-ramp service. The app allows users to buy memecoins, such as Moo Deng, using Apple Pay. This development is being compared to Robinhood's impact on stock trading, as it aims to make meme coin investing mainstream. The app's viral success, combined with a user-friendly interface and simple value proposition, is expected to onboard a significant number of new users into the crypto space. TikTok creators and the anticipation of Bitcoin reaching 100k are also contributing factors to its popularity.