Solana’s third-largest DeFi protocol, Jupiter, has acquired a stake in Moonshot, though details of the deal remain undisclosed.
Jupiter, a Solana-based decentralized exchange (DEX) aggregator, announced it has acquired a majority stake in Moonshot, an app that allows users to purchase memecoins using Apple Pay.
Meowth, founder of Jupiter by alias on January 25th subscriber News on X:
Moonshot’s popularity has soared, especially after the launch of Donald Trump’s official currency Trump (TRUMP) on January 18.
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