Fomo Hits Daily Trading Volume of $300 Million Amid Expansion Plans

Fomo, a cryptocurrency platform, has reached a daily trading volume of $300 million in September. This milestone comes after approximately 17 months of operation, during which time the platform attracted around 2.7 million users.

The platform's management emphasizes that it does not plan to issue its own token but instead aims for an initial public offering (IPO) in the long term. Fomo has already raised a total of $94 million in financing.

Market data shows that memecoins account for approximately half of the platform's trading volume, while tokenized stocks, RWA, and stablecoin-based products are also part of its expansion plans.