Jupiter’s Strategic Acquisition of Moonshot Enhances Memecoin Trading and Portfolio Management

Acquisition of Moonshot

In its ongoing expansion, Jupiter, a leading decentralized exchange (DEX) aggregator on the Solana blockchain, has acquired a majority stake in Moonshot, a memecoin trading platform renowned for its user-friendly interface and Apple Pay integration.

Moonshot gained significant traction following the launch of the Official Trump (TRUMP) memecoin on January 18, 2025. The platform facilitated nearly $400 million in trading volume during the token’s debut and reached over one million daily active users by January 20. ​

This acquisition aligns with Jupiter’s strategy to enhance its offerings in the memecoin market and attract a broader user base. By integrating Moonshot’s capabilities, Jupiter aims to provide a seamless trading experience for both seasoned traders and newcomers to the crypto space. ​

In addition to the Moonshot acquisition, Jupiter has launched portfolio.jup.ag, a comprehensive tool that allows users to monitor all their on-chain assets across multiple wallets (up to 30 simultaneously). This platform provides a detailed breakdown of token holdings, protocol allocations, and JUP token holdings, offering users an all-encompassing view of their investments. ​

These developments underscore Jupiter’s commitment to enhancing user experience and solidifying its position in the decentralized finance (DeFi) ecosystem.

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Quote: Kash Dhanda – Jan 19, 2025

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