"Moonshot's $1.97B Listing on JellyJelly: Farcaster Integration Drives Market Value"

Generated by AI AgentCoin World
Wednesday, Jan 29, 2025 9:35 pm ET1min read

Moonshot, a cryptocurrency project, has been listed on the jellyjelly platform, with its market value currently standing at approximately $1.97 billion. This listing comes after the platform's full integration of the Farcaster protocol, which allows users with Farcaster accounts to log in and comment.

In related news, jellyjelly, a Solana-based token, saw its market cap "fast-track" to $1.5 billion after going live for 90 minutes. The token's total trading volume reached $342 million. Sam Lessin, a former Facebook VP of Product and investor in Solana, Venmo, Aleo, Teamshares, and Sublime, previously shared the link to the pumpfun token issuance of jellyjelly on X.

BlockBeats, a news platform, reminds users that meme coins often lack practical use cases and experience significant price volatility. Therefore, investment in such coins should be approached with caution.

On-chain Detective continues to monitor the market, providing real-time updates on the latest developments in the cryptocurrency space.

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