Meme coin application Zap announced it will shut down on June 1

The meme coin application Zap posted on platform X that it will shut down on June 1. The team aimed last year to develop an application that allows anyone to register and purchase their first meme coin within 30 seconds. Although they achieved this goal, it did not gain the expected market appeal.

They advise users to log into their accounts and export their private keys before the shutdown on June 1, and recommend importing them into Phantom to continue accessing all assets. After June 1, users who have not exported their private keys can still securely access their funds through Privy Home.