Summary
- Jupiter announced that it has acquired a majority stake in Moonshot.
- Moonshot is showing growth by ranking first in the financial category of the U.S. App Store.
- The founder of Jupiter highly praised the capabilities of the Moonshot team.
Solana-based decentralized exchange (DEX) aggregator Jupiter (JUP) announced that it has acquired a majority stake in Moonshot, a platform that allows the purchase of meme coins via Apple Pay.
On the 26th (local time), Cointelegraph reported that Jupiter founder Meow expressed on his X (Twitter) account, "I am very pleased to announce that Jupiter has acquired a majority stake in Moonshot. The Moonshot team is among the smartest and most ambitious people I have ever met."
Moonshot has been experiencing tremendous growth recently, ranking first in the financial category of the U.S. App Store following the launch of Donald Trump's Official Trump (TRUM) meme coin.
YM Lee
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