The great unwashed, as ever, are easily led astray. One would think that after the recent debacle of the metaverse, the crypto market would be as quiet as the grave. Yet, a new wave of lunacy has washed over the land in the form of a memecoin trading platform called Moonshot, which has had the temerity to leapfrog Coinbase in the US iOS App Store rankings. Imagine! Those who once scoffed at the very notion of a memecoin as a viable investment are now scrambling to get their greasy hands on the latest iteration of Donald Trump’s digital visage. 🤡
Degen News, a publication that one would imagine might be associated with a particularly raucous school for the disadvantaged, has reported that Moonshot has attained the lofty position of 13th most popular finance app in the US. One can only imagine the sheer volume of frantic finger-tapping on smartphones, as the nation’s finest minds attempt to navigate this baffling new landscape of digital tokens.
NEW: MEMECOIN TRADING APP @moonshot FLIPS @coinbase IN IOS @AppStore FINANCE APP RANKINGS IN THE U.S.
— DEGEN NEWS (@DegenerateNews) February 10, 2025
And if that wasn’t enough to induce a fit of apoplexy among the world’s financial elites, Moonshot has also overtaken both Phantom and Ethereum in terms of 24-hour revenue, amassing a staggering $344,000 in a single day. One suspects that even the most hardened cynic might be tempted to dabble in this peculiar form of digital alchemy.
🚨 LATEST: Moonshot and Phantom surpassed Ethereum in 24-hour revenue.
— Cointelegraph (@Cointelegraph) February 10, 2025
It seems that the American public’s insatiable appetite for all things Trump, coupled with the inexplicable allure of memecoins, has created a perfect storm of financial absurdity. Since the launch of the “TRUMP” memecoin on January 18th, the Moonshot app has become a veritable gold mine for its creators. Surely, the denizens of Wall Street are quaking in their boots, as they watch the very foundations of the financial system crumble beneath their feet. But don’t worry, dear reader, there’s always a good old-fashioned Ponzi scheme waiting in the wings to pick up the pieces. Just remember to invest wisely, and perhaps consider leaving a little something for your heirs. You never know, they may need it. 🙄
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2025-02-10 16:38