Fomo Storms App Store with Social Crypto Trading Frenzy
Fomo, a social crypto trading app built for Robinhood Chain and other networks, has achieved an impressive milestone by cracking the top five U.S. finance apps on Apple's App Store.
This achievement is all the more remarkable considering that Fomo's growth is closely tied to the broader momentum around Robinhood Chain, which launched its public mainnet in July 2023 and has since become one of the most-watched experiments in bringing retail trading on-chain.
Fomo has drawn between 470,000 and 625,000 users and more than $2.5 billion in cumulative volume, with a user base that surpasses 600,000 and over $4 billion in trading volume after its Series B funding round.
The app's success is attributed to its unique approach to social trading, which allows users to see what people they follow are trading in real-time, track leaderboards, and copy trading signals. This makes crypto trading feel more like a social media experience rather than a complex financial tool.