Memecoin launchpad Moonshot has soared to the top of the U.S. Apple App Store’s finance category, claiming the #1 spot and ranking as the 7th most popular free app overall. This achievement comes in the wake of President-elect Donald Trump’s TRUMP memecoin launch on Friday night, which quickly gained traction and drove massive user adoption.
The $TRUMP token experienced a meteoric rise shortly after its release, overcoming initial market skepticism to achieve a fully diluted valuation exceeding $30 billion. The token’s success has significantly boosted Moonshot, a memecoin launchpad operating on the Solana blockchain. Featured as the preferred platform for purchasing $TRUMP, Moonshot allowed users to buy tokens via crypto, debit cards, and even Apple Pay, further driving its popularity.
Moonshot’s inclusion on the $TRUMP token’s website led to a surge in activity on the app. Within 12 hours of the memecoin’s launch, Moonshot processed nearly $400 million in transaction volume and onboarded over 200,000 new users to on-chain trading. These milestones also shattered fiat onramp records for the platform, according to Moonshot’s official X (formerly Twitter) account.
Moonshot Outranks Major Apps on App Store
The app’s meteoric rise saw it surpass social media giants like Instagram and TikTok on the U.S. App Store. The Moonshot team celebrated the achievement, sharing their excitement in a social media post:
“In the last 12 hours, we were featured on $TRUMP’s website as THE way to buy, processed nearly $400m in volume, crushed fiat onramp records by orders of magnitude, and brought 200k+ new people onchain.”
The surge in user activity wasn’t without challenges. The overwhelming traffic caused some technical issues on Moonshot’s platform, prompting the team to reassure users.
“We have an extremely high load right now and are getting through all the support tickets,” Moonshot said in a follow-up post.
Moonshot’s rapid growth highlights the expanding reach of blockchain-based finance apps and the transformative potential of memecoins in driving adoption. With its ability to capitalize on high-profile launches like $TRUMP, the platform is poised to remain a significant player in the crypto ecosystem.