Jupiter acquires Moonshot to expand memecoin capabilities, introduces Ultra Mode and Jupiter Shield, enhancing trading, security, and portfolio tracking.
In a major development, Solana-based DEX aggregator Jupiter made several important announcements. Jupiter acquired a majority stake in Moonshot. Users utilize Moonshot to purchase memecoins through Apple Pay integration. The founder of Jupiter Meow shared the acquisition details on platform X. Moonshot’s team gained praise from him as an exceptionally intelligent and determined professional.
Moonshot enables memecoin transactions while giving users options to handle fiat deposits and withdrawals. The Trump token event attracted new users for the service recently. Jupiter aims to adopt the functional capabilities of Moonshot into its system to improve user interaction. Through this agreement, Jupiter demonstrates its strategic goals for building out its broader platform.
The company Jupiter revealed its purchase of SonarWatch which serves as a portfolio-tracking tool. The SonarWatch standalone platform will be shut down as developers move forward. The proven features from Jupiter’s acquisition will integrate into the Jupiter portfolio tracker website.
Moonshot Acquisition Brings Memecoin Enthusiasts to Jupiter Platform
Following its acquisitions, Jupiter launched an updated set of features for its platform. The “Ultra Mode” officially becomes available through its launch as a principal platform update. Jupiter’s Ultra Mode feature provides automation for real-time slippage estimation and dynamic priority fee calculation. Transaction processing receives performance enhancement through platform optimizations.
Through the development of their tool Jupiter Shield Jupiter creates additional security measures. The Jupiter Shield system will launch within the upcoming period. Users will gain improved transaction security through this protective tool.
Through its recent acquisitions and platform enhancements Jupiter demonstrates its dedication to progressive growth and innovative solutions. Through its acquisition of Moonshot Jupiter seeks to attract users who enjoy different types of meme cryptocurrencies. On the other hand, SonarWatch integration allows Jupiter to improve its portfolio tracking services.
The platform changes showcase Jupiter’s dedication to building a unified system that performs well. With Ultra Mode now available users have a simplified trading experience. Jupiter Shield works to highlight security measures within decentralized finance operations.
The platform expands its cryptocurrency marketplace presence through recent developments. Through the acquisitions of Moonshot and SonarWatch Jupiter demonstrates its strategic growth objectives. The updates deliver new features while increasing service security for users.
Ultimately, the company Jupiter demonstrates vigorous movements toward user experience optimization together with innovative approaches. The platform expects to gain increased membership through these strategic initiatives. Jupiter continues to stand out as an important element of the Solana ecosystem.
Source: https://www.livebitcoinnews.com/jupiter-acquires-moonshot-to-expand-memecoin-capabilities/