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Fomo Surpasses Pump.fun in Daily Revenue on Solana

Guavy AI Editorial Team
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SOL
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Fomo, a social trading platform that combines cryptocurrency trading with social features, has overtaken Pump.fun in daily revenue on Solana. According to DefiLlama data, Fomo generated $1.76 million in daily revenue on Friday, surpassing Pump.fun's $1.1 million.

Pump.fun remains ahead over longer periods, having generated more than $57 million over the past 30 days compared to Fomo's $17.6 million. However, this recent shift in daily revenue marks a significant milestone for Fomo.

Fomo's growth can be attributed to its innovative approach to social trading and its ability to attract new users. In June, the company closed a $75 million Series B round led by Index Ventures, valuing the platform at $550 million.

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