Moonshot To Launch Meme Coin On Solana Blockchain

According to BlockBeats, Moonshot is set to launch a new meme coin, slop, on the Solana blockchain on October 22. Moonshot is an application available on the App Store that allows users to buy and sell memecoins using fiat currency. The app is designed to facilitate a seamless transition for Web2 users into the Web3 ecosystem. Moonshot simplifies the registration process by using familiar Web2 methods, eliminating the need for mnemonic phrases. Users can register with just an email and FaceID. Additionally, the app allows users to conduct transactions without needing to understand the complex underlying blockchain technology or possess Gas. Transactions can be completed directly on mobile devices.