Phantom recently announced that they have acquired Solsniper – the leading AI meme coin trading platform on Solana.
"We have just acquired Solsniper – one of the fastest and most advanced trading platforms on Solana," Phantom shared on X. "Solsniper supports traders in tracking tokens, wallets, and instant reactions."
Phantom originally started as a web3 wallet for the Solana ecosystem in 2021. Early this year, the company successfully raised 150 million USD in a Series C round led by Sequoia and Paradigm, with a valuation of 3 billion USD.
"Phantom is becoming more than just a wallet... stay tuned for more strategic deals as we expand our products and accelerate," the project wrote. Solsniper will continue to operate independently, while being added with new features in the coming time.
Solana meme coin trading once boomed early this year thanks to launchpads like Pump.fun – with daily trading volume once reaching 3 billion USD in January, before cooling down.
Earlier in February, Phantom also acquired SimpleHash – a token and Non-Fungible Token data platform, at an undisclosed value.
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The article Phantom acquires Solana meme coin trading platform – Solsniper first appeared on CoinMoi.
