🏦 Fomo outpaces Pump.fun in daily revenue on Solana $SOL
According to data from DefiLlama, the social trading platform Fomo recorded $1.76 million in revenue on Friday, surpassing the $1.1 million figure of the memecoin launchpad Pump.fun. Despite short-term spikes, Pump.fun still leads in long-term performance with over $57 million in revenue over the past 30 days, compared to Fomo’s $17.6 million.
Fomo attracts users by combining crypto trading with social network features, allowing users to follow each other’s trading orders. In June, the project completed a $75 million Series B funding round led by Index Ventures, boosting the app’s valuation to $550 million.
#DeFi #CryptoNews
🔗 Source: Cointelegraph
⚠️ Information is for reference only and not investment advice. Do your own research before making any decision (DYOR).
According to data from DefiLlama, the social trading platform Fomo recorded $1.76 million in revenue on Friday, surpassing the $1.1 million figure of the memecoin launchpad Pump.fun. Despite short-term spikes, Pump.fun still leads in long-term performance with over $57 million in revenue over the past 30 days, compared to Fomo’s $17.6 million.
Fomo attracts users by combining crypto trading with social network features, allowing users to follow each other’s trading orders. In June, the project completed a $75 million Series B funding round led by Index Ventures, boosting the app’s valuation to $550 million.
#DeFi #CryptoNews
🔗 Source: Cointelegraph
⚠️ Information is for reference only and not investment advice. Do your own research before making any decision (DYOR).