Fomo Overtakes Pump.fun in Daily Revenue on Solana
Social trading platform Fomo generated $1.76 million in revenue this Friday, surpassing the dominant memecoin launchpad Pump.fun, which brought in $1.1 million. While Pump.fun still leads on the 30-day chart with $57 million compared to Fomo's $17.6 million, the daily flip marks a significant shift in Solana ecosystem activity.
Fomo functions as a social media-style trading feed, allowing users to track and mirror the trades of others. The platform recently secured $75 million in Series B funding led by Index Ventures, bringing its total valuation to $550 million.
#Solana #Fomo #PumpFun #DeFi
Social trading platform Fomo generated $1.76 million in revenue this Friday, surpassing the dominant memecoin launchpad Pump.fun, which brought in $1.1 million. While Pump.fun still leads on the 30-day chart with $57 million compared to Fomo's $17.6 million, the daily flip marks a significant shift in Solana ecosystem activity.
Fomo functions as a social media-style trading feed, allowing users to track and mirror the trades of others. The platform recently secured $75 million in Series B funding led by Index Ventures, bringing its total valuation to $550 million.
#Solana #Fomo #PumpFun #DeFi