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FOMO is a cross-chain trading application that allows users to trade across chains using a single account. Purchase any asset with a single click. No new wallet, no bridging, and no gas fees required.
Rune on Pump.fun Launching MemeStocks: Industry Leaders Should Drive More Innovation Rather Than Continuously Copying Proven Models
Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.
fomo co-founder announces completion of first funding round with 140 investors participating
: Se Yong Park, co-founder of crypto trading app fomo, announced on the X platform that the company has completed its first funding round, with 140 angel investors participating. The cap table now lists over 200 angel investors.He stated that early-stage founders almost always misunderstand the dynamic between the company and its angel investors, and should instead view angel investors as call options on the product's success. Even if the cap table includes tech CEOs, celebrities, and athletes, the likelihood of them providing early-stage help is close to zero. As the company scales and builds a product that angel investors genuinely want to use and are proud to share, more and more people will naturally recommend the product to others.
Arc Ecosystem USDC Redeems at 1.8x Premium, Crab.fun Beta Launches on Base Tonight
Interest from users seeking early positioning in the Arc chain ecosystem under Circle continues to surge, with premiums for related USDC exchanges peaking at 1.8x. According to official updates, Crab.fun, a Meme issuance platform built for Arc, will roll out its Early Access version on the Base chain tonight at 21:00 to attract users and creators, securing early footholds in the Arc Meme ecosystem. According to reports, the Crab.fun Early Access utilizes the Strategy Vault issuance framework. A 1.5% trading fee applies, with creators waiving their revenue share: 1% flows into the Community Strategy Vault, and 0.5% is allocated for protocol buybacks. Under the Strategy mode, creators must nominate three fomo.family (http://fomo.family/) IDs as candidate traders. Once the vault accumulates 10,000 USDC, claims open. The first verified participant becomes the permanent Strategic Trader for the token and can deploy vault capital across markets including crypto, memes, equities, forex, commodities, and indices. Trading profits are split evenly: 50% goes to the trader, and the remaining 50% funds buybacks of the community token. The Crab.fun Early Access will open 80% of the token supply for subscription at a fixed price. Upon reaching the 4,000 USDC graduation milestone, tokens will be instantly mapped and airdropped to users at a 1:1 ratio.
Rune on Pump.fun Launching MemeStocks: Industry Leaders Should Drive More Innovation Rather Than Continuously Copying Proven Models
Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.
BonkGuy: BNB Chain Could Become the Next Meme Hotspot, MARSCOIN Has Already Taken the Lead
Odaily News - Trader BonkGuy posted on X platform, stating that Robinhood Chain has previously seen multiple high-market-cap projects such as PONS, CASHCAT, and AI, with over a dozen projects surging to the $10 million to $100 million range.BonkGuy believes that market attention is further shifting toward BNB Chain, and MARSCOIN has already taken the lead in the BNB Meme/stock narrative. He noted that Binance has approximately 320 million users, and MARSCOIN has already been listed on Binance spot and perpetual contracts. Meanwhile, trading entry points such as fomo have lowered the barrier for Western users to participate in BNB Chain Meme trading. In addition, SAFEMOON, which was also born on BNB Chain two cycles ago, once reached a market cap of $17 billion, which can serve as a reference for the potential scale of BNB Meme when it truly takes off.
Bonk Guy: Profits $14.8M in the Past 30 Days, FOMO Portfolio Hits All-Time High of $20M
Odaily News Trader Unipcs (Bonk Guy) stated that his FOMO portfolio has reached a new all-time high of $20 million, following its first breakout above $10 million yesterday, claiming to be the first trader on the platform to reach this scale.According to his disclosed data, he has earned approximately $4.7 million in the past 24 hours, approximately $12.8 million over the past 7 days, and approximately $14.8 million over the past 30 days, with cumulative historical profits of approximately $16.5 million.He noted that his recent profitable trades primarily include PONS, USELESS, MARSCOIN, BASECAT, DELTA, and MICRODUCK, with PONS gaining over 108x from his average entry price, while both DELTA and MICRODUCK yielded returns exceeding 10x.
Bitcoin and Ethereum options with a notional value of $9.87 billion are set to expire on April 24th.
Odaily Odaily News: Greeks.live macro researcher Adam posted on X platform, disclosing the options delivery data for April 24th:1. 109,000 BTC options expired, with a Put Call Ratio of 0.93, a max pain point of $72,000, and a notional value of $8.55 billion.2. 563,000 ETH options expired, with a Put Call Ratio of 0.72, a max pain point of $2,200, and a notional value of $1.32 billion.The market continued to rebound this week, with Bitcoin breaking above $78,000. The Hong Kong Web3 conference was also filled with an upbeat atmosphere, and the altcoin market is recovering as well. This is a monthly expiry, with 25% of options set to expire. In terms of holding periods, the distribution of open interest in the options market shows 12% for the end of May and 24% for the end of June.Looking at the main options data, Bitcoin's key tenor IV continued to decline this month, with most tenor IVs falling by 1% to 2% to below 40%. ETH's main tenor IV dropped even more, currently around 60%. Despite the price increase, Skew has declined, and there is no FOMO sentiment in the market.In the second quarter of this year, Bitcoin's performance in both price and market sentiment was significantly better than in the first quarter. This month's sustained rebound is a sign of capital inflow. If macro pressure bottoms out by mid-year, Bitcoin's bottom will also be confirmed.
Arc Chain will launch on September 16, Circle co-founder responds positively to FOMO launch teaser
since the beginning of this week, the on-chain momentum driven by Robinhood Chain has temporarily cooled, mainstream tokens have pulled back, and the market is pinning its hopes for the next rally on Arc Chain, which is set to launch on September 16. Arc Chain is developed by stablecoin issuer Circle and is an open blockchain network primarily targeting institutional-grade users. The market is divided on whether it will support crypto-native meme coin culture. Platforms such as OpenSea and FOMO have announced that they will support Arc Chain as soon as it goes live. In response to the FOMO launch teaser, Circle co-founder Jeremy Allaire has already responded positively.
ARB debuts on Solana via Sunrise, tradable on multiple applications
Sunrise has announced that Arbitrum's token, ARB, is now live on Solana through Sunrise and can be traded on applications such as Phantom, Solflare, Jupiter, fomo, Archer, DFlow, Titan, Kamino Swap, and Mayan.
fomo co-founder purchased BOOGLE #041 for 850 SOL, valued at approximately $89,000
Odaily News: Solana NFT project BOOGLE announced on platform X that fomo co-founder Se Yong acquired BOOGLE #041 through an over-the-counter (OTC) transaction for 850 SOL, valued at approximately $89,000.Previously, market speculation suggested that fomo may support NFT trading in the future.
BonkGuy: BNB Chain Could Become the Next Meme Hotspot, MARSCOIN Has Already Taken the Lead
Odaily News - Trader BonkGuy posted on X platform, stating that Robinhood Chain has previously seen multiple high-market-cap projects such as PONS, CASHCAT, and AI, with over a dozen projects surging to the $10 million to $100 million range.BonkGuy believes that market attention is further shifting toward BNB Chain, and MARSCOIN has already taken the lead in the BNB Meme/stock narrative. He noted that Binance has approximately 320 million users, and MARSCOIN has already been listed on Binance spot and perpetual contracts. Meanwhile, trading entry points such as fomo have lowered the barrier for Western users to participate in BNB Chain Meme trading. In addition, SAFEMOON, which was also born on BNB Chain two cycles ago, once reached a market cap of $17 billion, which can serve as a reference for the potential scale of BNB Meme when it truly takes off.
Related news
Arc Ecosystem USDC Redeems at 1.8x Premium, Crab.fun Beta Launches on Base Tonight
Interest from users seeking early positioning in the Arc chain ecosystem under Circle continues to surge, with premiums for related USDC exchanges peaking at 1.8x. According to official updates, Crab.fun, a Meme issuance platform built for Arc, will roll out its Early Access version on the Base chain tonight at 21:00 to attract users and creators, securing early footholds in the Arc Meme ecosystem. According to reports, the Crab.fun Early Access utilizes the Strategy Vault issuance framework. A 1.5% trading fee applies, with creators waiving their revenue share: 1% flows into the Community Strategy Vault, and 0.5% is allocated for protocol buybacks. Under the Strategy mode, creators must nominate three fomo.family (http://fomo.family/) IDs as candidate traders. Once the vault accumulates 10,000 USDC, claims open. The first verified participant becomes the permanent Strategic Trader for the token and can deploy vault capital across markets including crypto, memes, equities, forex, commodities, and indices. Trading profits are split evenly: 50% goes to the trader, and the remaining 50% funds buybacks of the community token. The Crab.fun Early Access will open 80% of the token supply for subscription at a fixed price. Upon reaching the 4,000 USDC graduation milestone, tokens will be instantly mapped and airdropped to users at a 1:1 ratio.
Arc Chain will launch on September 16, Circle co-founder responds positively to FOMO launch teaser
since the beginning of this week, the on-chain momentum driven by Robinhood Chain has temporarily cooled, mainstream tokens have pulled back, and the market is pinning its hopes for the next rally on Arc Chain, which is set to launch on September 16. Arc Chain is developed by stablecoin issuer Circle and is an open blockchain network primarily targeting institutional-grade users. The market is divided on whether it will support crypto-native meme coin culture. Platforms such as OpenSea and FOMO have announced that they will support Arc Chain as soon as it goes live. In response to the FOMO launch teaser, Circle co-founder Jeremy Allaire has already responded positively.
Rune on Pump.fun Launching MemeStocks: Industry Leaders Should Drive More Innovation Rather Than Continuously Copying Proven Models
Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.
BonkGuy faces a tale of two extremes: FOMO account followers surpass 600,000, but profit scale drops below $15 million, with a 24-hour drawdown of nearly $2.5 million
According to account information on the FOMO platform, the Bonk Guy account has surpassed 600,000 followers, but its account profit scale has decreased from a previous peak of approximately $27.6 million to less than $15 million now, with a 24-hour drawdown of nearly $2.5 million. In addition, FOMO account data shows that Bonk Guy's average holding period is around 5 days and 10 hours, having already undergone 3,600 trading operations so far.
On-chain trading terminals recorded weekly trading volume of $6.35 billion, with GMGN contributing $2.07 billion
According to Dune data reported by Odaily, on-chain trading terminals recorded a weekly trading volume of $6.35 billion over the past week, the highest level since the TRUMP Meme coin craze. Among them, fomo recorded a weekly trading volume of approximately $2.38 billion, GMGN approximately $2.07 billion, Axiom approximately $714 million, while PumpApp and BasedBot reached approximately $490 million and $450 million, respectively.
StonkFun Achieved $1.5 Million in Protocol Revenue Yesterday, Surpassing Pumpfun and Hyperliquid
According to Odaily, official data from StonkFun shows that the protocol generated $1,508,195 in revenue on September 6. Compared to other popular protocols listed on Defillama (which has not yet included StonkFun), this figure surpasses Pumpfun and Hyperliquid, ranking sixth among all projects/protocols, trailing only Tether, Circle, GMGN, Pons, and fomo.