The Solana-based shopping app Dupe has achieved the top position in the U.S. App Store's shopping and top free apps categories, surpassing popular apps like ChatGPT and Temu. This milestone comes as Dupe's native token, $DUPE, experienced a significant surge, rising over 60% within 24 hours. The token's market cap has reached $28 million following its migration from the Believe launchpad to Meteora.
Dupe's success is attributed to its innovative on-chain economic flywheel mechanism, which includes the team repurchasing over 22% of $DUPE tokens. This development underscores the potential of blockchain technology to extend beyond speculative trading, showcasing its application in mainstream consumer markets.
Solana-Based App Dupe Tops App Store, $DUPE Token Soars 60%
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