Social trading platform Fomo generated 1.76 million dollars in daily revenue on Friday, surpassing Pump.fun’s 1.1 million dollars. Over a 30-day period, however, Pump.fun remains ahead with more than 57 million dollars compared to 17.6 million dollars for Fomo. Fomo combines cryptocurrency trading with social features resembling a social media feed. In June, Fomo closed a 75 million dollars Series B round led by Index Ventures, valuing the company at 550 million dollars. The platform also launched perpetual futures contracts powered by Hyperliquid for non-US users.
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