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Moonshot Introduces Groundbreaking Memecoin Creation Tool: Transform Photos into Cryptocurrencies with Apple Pay

Moonshot Introduces Groundbreaking Memecoin Creation Tool: Transform Photos into Cryptocurrencies with Apple Pay
Moonshot Introduces Groundbreaking Memecoin Creation Tool: Transform Photos into Cryptocurrencies with Apple Pay

Moonshot has recently introduced a groundbreaking feature in the cryptocurrency landscape, enabling users to create memecoins with unprecedented simplicity. On June 27, the platform integrated Apple Pay support into its iOS application, revolutionizing how new tokens are launched beyond mere trading activities.

Dubbed "Moonshot Create," this innovative service allows virtually anyone to mint a Solana-based cryptocurrency by simply uploading an image and completing the network initialization fee through Apple Pay. The streamlined process requires minimal technical knowledge, opening up the world of cryptocurrency creation to a broader audience.

The newly created tokens operate under a dynamic fee structure. Initially, each coin carries a 0.5% trading fee until it undergoes the "bonding" process—a protocol event that locks the token's supply to an on-chain liquidity curve. Upon bonding completion, the fee structure becomes more favorable, reducing to 0.3%, while the original creator becomes eligible to receive up to half of all swap fees generated by the trading pool, as detailed in the company's official announcement.

For tokens achieving significant milestones—specifically reaching a $1 million fully diluted valuation and successfully completing the bonding process—Moonshot offers preferred verification status and prime placement within its application. With millions of monthly active users, this front-page visibility can significantly impact a token's growth trajectory.

This strategic placement creates a beneficial growth cycle: verified coins receive prominent positioning in the discovery tab, attracting additional liquidity and increasing fee revenue for both creators and the platform. However, Moonshot has maintained confidentiality regarding the exact percentage distribution between the platform and verified creators, only confirming the 50% cap for creator earnings.

Competitive Landscape: Pump.fun Updates Amid Market Volatility

In a parallel development within the memecoin ecosystem, launchpad platform Pump.fun concurrently announced significant updates to its mobile application. These enhancements introduce a feed showcasing tokens experiencing rapid price appreciation, a streamlined one-click purchasing system for supported tokens, and a dedicated news section highlighting trending digital assets.

The timing of these platform launches coincides with notable shifts in memecoin market dynamics. Recent weeks have witnessed declining interest in memecoin investments, despite impressive historical performance data. Blockworks research indicates that monthly trading volume for Solana-based memecoins demonstrated substantial growth, increasing from approximately $56.4 billion in April to nearly $74.7 billion in May. However, current metrics show a contraction to approximately $47 billion this month, reflecting market volatility.

Market analysis further reveals that the memecoin sector has underperformed relative to other cryptocurrency segments. Over the past 30-day period, memecoins ranked as the sixth-worst performing sector among 24 crypto categories, with an average drawdown of 30.3%. This performance contrast sharply with other emerging narratives in the digital asset space, including decentralized application tokens and real-world asset integration projects.

tags:create memecoins with photo upload Solana-based token creation platform Apple Pay cryptocurrency launch memecoin bonding process explained Moonshot vs Pump.fun comparison
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