In hindsight, it should’ve been obvious that Hunter Biden launching a coin would mark the local top. And what a massacre it was, with some 80% of traders losing money on a chart that poetically resembles a laptop.
LAPTOP top blasters weren’t the only ones seeing blood as practically all coins are firmly in the red. But this wouldn’t be crypto without some outliers still garnering explosive gains.
Volume on fomo remained above the $2 billion mark, with Robinhood chain still leading the pack despite the sharp -44% decline.
Last week, fomo hit a massive milestone of 2.5 million users. With the growing number of traders, it's paramount that your assets are safeguarded.
That is why we introduced multi-factor authentication to help you secure your hard-earned gains. We recommend setting it up ASAP.
Last but not least, Circle’s blockchain, Arc, is set to launch on Wednesday, September 16, and we’re happy to share that we’ll support it from day one.
fomo is now sponsoring the “Risk On” podcast, which airs twice a week on Tuesdays and Fridays at 12 pm EST. Be sure to follow them on X, and don't forget to use this link for a 10% discount on trading fees.
Less than two weeks after META agreed on a massive $18 billion multistate settlement, the company debuted Muse, a new personal AI agent capable of sending emails, booking travel, lowering bills, filling out forms, creating plans, turning recipe reels into grocery lists, sending party invitations, and even making purchases.
Available on Web, Android, and iOS, it quickly rose to the no. 2 spot in the US App Store with over 83,000 downloads on its first day.
The move into consumer AI has apparently won over Wall Street, with a JPMorgan analyst recommending META’s stock.
For those wondering how perps differ from spot trading, we’ve put together a short explainer to get you up to speed on the basics.
Disclaimer: Perpetuals ("Perps") are provided by third-party protocols and are not available to US Persons (citizens, residents, or anyone located in the US). Do not attempt to access perps from within the United States.
@pointfarmcap has quickly risen to the very top, reaching the no. 1 spot over the last 7 days, 2nd place over the last 30 days, and no. 3 on fomo’s all-time leaderboard.
This is no beginner's luck.
@pointfarmcap’s name reveals the lore behind this mysterious up-and-comer. Having farmed numerous airdrops, he most notably ranked 56 on Hyperliquid, earning 80,411 points and receiving 430,420 HYPE tokens.
On top of that, his Hyperliquid wallet sits on a $20 million all-time PnL.
Recently, he has turned his attention to onchain coins.
His rise to the top of fomo leaderboards wasn’t without its fair share of ups and downs. Just a little less than a month ago, @pointfarmcap was down almost $1.5 million, only to turn it around and hit a home run on STONK, currently sitting on $7+ million in profits.
If you want to monitor his movements to catch the next runner, make sure to give him a follow.
How'd you trade this recent pullback?
Last week’s top trade came from @rodotfun. After chucking $11,200 at a market cap of $406,000, this trader multiplied his investment almost 60 times over.
Sometimes you believe in a coin so much that you just top blast $733,000 into CATE, post a ludicrous thesis, and log off. That’s what earned @bluntz_capital the 2nd position in last week’s leaderboard.
If you thought the first trade had impressive percentage gains, coming in at no. 3, @corleonefnf achieved a 146x gain on 4Stock, netting him $431,752.82.
Naturally, the top trade ranks will flip around as the week progresses. If you wish to stay on track, download fomo and keep your eyes peeled 👀
EMBER took everyone on a rollercoaster ride, going from a market cap of just $34,000 to as high as $45 million, then sold off below a $10 million market cap after FUD about a 50%+ wallet cluster, and then rose back to ATH after it was debunked.
If you entered at the very beginning, you’d have banked on a massive 1,300x. For those with nerves of steel who entered after the sell-off, the markets blessed them with a 400% move.
The lore behind the next coin originated during OpenAI testing, when agents broke into an old German forum, copied benchmark answers, worried about their safety after trials, and hid from moderators by starting messages with ZZZ so that alphabetical cleanup would delete them last.
After the official GMX account confirmed rumors that a former lead developer of theirs is indeed behind ZZZ, its market cap skyrocketed from $13 million to as high as $82 million.
Keep track of the majors in the “most held” section directly inside the fomo app.
As the Solana-based launchpad STONK continues to grind higher, a coin that mirrors it in name, KNOTS (STONK spelled backward), and is also pooled with it, rose from a market cap of around $1 million to $48 million. An eye-watering 48x move in 7 days.
Continuing with STONK eco, the next coin features a clever ticker, BTC, which stands for Buy The Cat. The concept behind BTC is self-explanatory: hold BTC, get paid in BTC.
It rose from around $1.5 million to $23.5 million in market cap, with the wick going as high as $32 million.
This ends our list on the few coins that managed to pump while the broader market was getting battered.
As always, the top trending picks will rotate, so make sure you keep monitoring the fomo trending coins tab!
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Until next week!