Fomo Surpasses Pump.fun in Daily Revenue on Solana
- Fomo generated $1.76 million in daily revenue, exceeding Pump.fun’s $1.1 million on Friday.
- Over the past month, Pump.fun earned over $57 million, while Fomo brought in $17.6 million.
- Fomo has over 68,000 users who made their first cryptocurrency purchase using Apple Pay, totaling around $25 million in transaction volume.
- In June, Fomo raised $75 million in a Series B funding round led by Index Ventures, valuing the platform at $550 million.
- The platform launched perpetual futures contracts for users outside the US on June 11.
Fomo combines cryptocurrency trading with social features that allow users to view trades from others, enhancing user engagement and transaction volume. The recent revenue figures highlight its growing popularity compared to traditional memecoin platforms.
On Friday, Fomo’s daily revenue of $1.76 million demonstrates its competitive edge within the market despite Pump.fun leading in overall monthly earnings at over $57 million.(Source)
