Jupiter acquires majority stake in Moonshot and SonarWatch
#Solana $SOL based decentralized exchange aggregator
#Jupiter has acquired a majority stake in
#Moonshot , an app that allows users to purchase memecoins via
#ApplePay . The acquisition comes after Moonshot’s significant surge in popularity, especially following the January 18 launch of Donald Trump’s
$TRUMP memecoin.
Alongside this acquisition, Jupiter also took over
#SonarWatch , a portfolio-tracking tool, which will be integrated into Jupiter’s platform. As part of the deal, SonarWatch’s native token $SONAR, will be discontinued, with holders able to exchange it for Jupiter’s
$JUP token.