If you're looking to snipe the newest and next biggest memecoins on Solana, then check out Moonshot, the ultimate dApp created by DEX Screener. In this short article, we will explain what Moonshot is in a nutshell and show you exactly how to use the Moonshop app with a simple step-by-step video tutorial on YouTube.
What is Moonshot?
Moonshot is a platform on DEX Screener that allows users to find and launch new memecoins on the Solana blockchain. The mission is to provide a platform where anyone and everyone can enjoy the creation and trading of memecoins.
Although the Moonshot application can’t guarantee a successful launch for tokens on the platform, they do however ensure a fair launch for all of the tokens by eliminating pre-sales and insiders, renouncing contract ownership, auditing smart contracts, capping the max supply at 1 billion and most importantly allowing anyone to buy or sell at any time.
Moonshot has seen a few popular tokens make it out of the platform and onto the open market where it is traded amongst the biggest memecoins in the Solana ecosystem. Any token launched on Moonshot that achieves a 500 $SOL market cap will be migrated over to a liquidity pool where it is locked and home to the Raydium decentralized exchange (DEX) where it is then traded freely by anyone and everyone.
What is DEX Screener?
DEX Screener is a popular price-tracking website for new, trending and popular cryptocurrencies which has integrated the largest networks to provide users with the ultimate crypto-tracking experience. Excluding the price tracking, the DEX Screener platform has an array of products and features that enhance your overall DeFi and crypto journey.
The DEX Screener platform is consistently developing and launching new tools and most recently we have the Moonshot application which has attracted thousands of memecoin traders to the platform. What will DEX Screener bring us next?
Moonshot DEX Screener Tutorial
Jump straight into an easy and comprehensive guide on using the Moonshot application, home to the Solana network where you can discover and potentially snipe the next biggest memecoin!
Official Moonshot & DEX Screener Links
Disclaimer
The content provided in this article is strictly intended for informational purposes. Nothing said in this article is financial advice. It is important to proceed with caution and diligence when using cryptocurrencies. Always invest what you are prepared to lose and remember that you are entirely responsible for your assets and investments. The author and the publication do not endorse or recommend any of the cryptocurrencies, protocols or strategies in this article.