Moonshot Adds Apple Pay for Easy Meme Coin Creation

Moonshot, a platform known for its cryptocurrency trading services, has introduced a new tool called Moonshot Create. This innovative feature allows users to generate new meme coins with ease, utilizing Apple Pay for seamless transactions. The platform added Apple Pay support on June 27, expanding its functionality beyond trading to include token creation. Users can now create Solana-based tokens by simply uploading a meme image, selecting the Create tab, and using Apple Pay to cover the network setup costs. This simplified workflow eliminates the technical barriers that previously required knowledge of cryptocurrency or wallet management, making the process accessible to a broader audience.

Each newly created token on Moonshot carries a 0.5% trading fee until it reaches “bonding” status. This status is achieved when the token locks its supply to an on-chain liquidity curve. Once bonded, the trading fees drop to 0.3%, and creators can earn up to 50% of all swap fees generated by their token’s trading pool. Additionally, tokens that reach a fully diluted valuation of $1 million and successfully complete the bonding process are granted preferred verification status. Verified tokens receive front-page placement within Moonshot’s app, creating growth incentives where these coins appear prominently in the discovery tab. However, the precise revenue distribution between the platform and verified creators beyond the 50% cap has not been revealed by Moonshot.

In response to Moonshot's new feature, competing meme coin launchpad Pump.fun announced mobile application updates on the same day. The updates include a feed tracking quickly rising token prices, one-button purchasing options for supported tokens, and a news section highlighting trending meme coins. These simultaneous product releases indicate rising competition in the meme coin creation space, as platforms strive to capture market share through enhanced user experience and reduced friction. Both platforms launched their updates amid declining interest in meme coins over recent weeks, as investors shift their attention to other cryptocurrency sectors and market conditions remain volatile.

The integration of Apple Pay into the meme coin creation process removes a major barrier for mainstream users who may be unfamiliar with wallets or DeFi tools. However, creating a successful meme coin still requires a strong grasp of market trends and effective promotion strategies to drive real trading volume. This development highlights the evolving landscape of cryptocurrency, where user-friendly tools and seamless transactions are becoming increasingly important in attracting new participants to the market.