Jupiter Strengthens Meme Coin Trading With Moonshot Acquisition
Jupiter, the leading decentralized exchange (DEX) SoranaMost of the equity of Moonshot, Moonshot is a platform aimed at simplifying the MEME coin trading.
The acquisition reflects Jupiter’s strategic focus to use the increasing popularity of aluminum coins.
Jupiter acquires Moonshot and SONARWATCH
Jupiter revealed the acquisition on January 25, and its founder Meow focused on the innovation team of Moonshot.
“(Moonshot) team is one of the smartest and most dynamic teams I have ever seen. It is very interesting to discuss the future of the cause,” Meow explainEssence
Although the specific details are still confidential, this move is expected to enhance the Jupiter in Mimm coin marketEssence Moonshot’s unique features enable users to be able to Buy Modencin Use Apple Pay to supplement the professional knowledge of Jupiter in Sorana -based tokens.
Moonshot’s user base has increased significantly in the past week, especially launching Official Trump Emoticon CoinEssence During the first appearance of the token, Moonshot promoted the transaction volume of nearly $ 400 million and established its rise in the field of cryptocurrencies.
At the same time, the acquisition is also in line with Jupiter’s efforts to improve user experience. DEX integrates the investment portfolio tracking through the recent acquisition of SonarWatch. The tool will enable users to monitor their Solana -based activities on the DEX platform.
“Although we have very successful products, our focus is now full of Solana coverage. Our goal is to create a first -class investment portfolio tracker! Therefore, our platform will stop within a few months. During this period, we It will continue to add a new agreement, but the tool will no longer be available after the transition period, “Sonarwatch Point outEssence
The SonarWatch team announced that it plans to stop the platform’s native Sonar token and destroy the remaining supply. They also informed Sonar holders that they could exchange tokens into Jup.
Jupiter launches new features
Jupiter also launched new features to expand its function. The proposed lending system will allow users to deposit into the JLP token as a mortgage to borrow USDC.
This will provide higher benefits for JLP holders and improve USDC utilization. The liquidation will be seamless and release the mortgage of the liquidity pool.
“Today, we posted an idea that allowed you to deposit in JLP and borrow USDC. This can improve the utilization rate of USDC and improve Average annual output For JLP holders. The liquidation will be completed by local redemption JLP and released the mortgage in the pool, “Jupiter Write On X.
In addition, the trading platform now provides “Ultra Mode”, which optimizes the transaction process by automation to optimize the transaction process Slide Adjust, give priority to dynamic costs and improve overall efficiency. DEX is also going to launch Jupiter Shield Safety Tools to protect user assets.
“Also upgrade the hand manual mode, including a new route and broadcast option to create the most powerful features,” Jupiter additionalEssence
All these developments follow Jupiter’s recent changes Jup token airdropEssence DEX based on Solana 700 million tokens were distributed, worth more than 500 million US dollars More than 2 million wallets. Although the initial distribution leads to price fluctuations, Jup price Signs of recovery since then, rose by 10% to $ 0.92 as of press time.
Jupiter is still one of the leaders of the Solana Dex ecosystem. According to DEFILLAMA data, the platform’s transaction volume has been processed in the past day of $ 4.87 billion, and the historical transaction volume is US $ 2.18 trillion. It was particularly noticeable in January 2025, and the platform contributed a $ 155 billion transaction.
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