Memecoin trading platform, Moonshot became one of the most used crypto applications within the U.S. with it surpassing the ranking of Coinbase, the most popular crypto exchange in the country.
Degen News, a crypto news platform, noted that Moonshot has flipped Coinbase in top finance apps ranking in the U.S. With this move, Moonshot became the 13th most popular application in the sector.
The app has also surpassed Phantom and Ethereum blockchain in revenue with it accumulating $344k in the past 24 hours.
After the U.S. president Donald Trump launched TRUMP memecoin via Moonshot on 18th January, the app started to gain traction and became a top used app in the finance sector.
Also Read: Trump Family Profits $100M in $TRUMP Coin Trading Fees