Here we go: Iran deal finally seems real, oil is dumping, and onchain coins such as KINS, BUTTCOIN, or FRAG are once again showing everybody what it means to believe in something. As always, most of the action is happening right on fomo.
First, let us remind ourselves that fomo is no longer just for the trenchers, but also for everyone who wants to dive into crypto and equity perpetuals, IPOs (yes, SPXC), indices, or commodities.
The full breakdown of our new perpetuals offering is available here. If you wish to start right away, simply update your fomo app and click on the perps tab on the home page.
Perpetuals are not the only upgrade we shipped, and definitely not the last. The BUIDL mode stays on:
Now, let’s check out our favorite chain flows to see if there are any improvements since last, quite bloody, week:
And indeed, there is! Perhaps today’s news about the final Iran deal, combined with oil dumping, leads us towards even more green this week? I'd say there’s a chance, especially if you look at how many shorts there are to be liquidated at the moment.
If the path for this week remains green, I know exactly where to spend my time. Yes, it’s checking out the best accounts and trending coins on fomo, whether it’s from today or our last episodes.
And to top it all off, 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.
pingucharts’s massive KINS bet
Kintara absolutely took over the trenches over the past week, with pingucharts quickly becoming its frontier proponent, posting thesis after thesis on fomo.
It seems that people indeed enjoy a well-executed GameFi experience, because for now, it looks like there’s no stopping Kintara:
As an addition, a timeless saying from pingucharts:
fibs is a believer: Unc believer
Speaking of diamond hands, let’s check out fibs. This guy just landed as the second-best trader of the week on the fomo leaderboard, and it seems one of the coins he truly believes in is Unc. Just look at that long-term accumulation. Will he end up winning? Follow him on fomo and see for yourself.
Astaso1 is rallying behind Buttcoin
We’ve been talking about Buttcoin for quite a while in fomo newsletter, and I’m glad to see it’s becoming yet another successful pick.
Astaso1 is currently among many other Buttcoin enjoyers on fomo, and it will be interesting to watch if this one maintains its status and eventually becomes one of the new blue-chip runners.
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 👀
Hyperliquid (HYPE)
After a short-term retracement, it seems HYPE is back on the menu with a very juicy weekly chart. We’ve been ranting about HYPE since the low $30 dollar range, but now, it seems like HYPE might be ready to attack three digits sooner, rather than later.
The key for HYPE is staying above around $59. Let’s see, not financial advice!
Nock (NOCK)
Nock is doing quite well considering how massive its first run was, as prolonged retracements are to be expected after a run this large. I mean, Nock printed 1,300%, with fomo users such as tinydeath and scalps catching it right at the lows.
Nock is currently trying to print a higher timeframe higher-low, and I'm watching closely to see how it plays out from here. Fundamentally, this is a very interesting Proof-of-Work project. If you want to learn more, I recommend reading this article by blocmates.
As always, keep track of the majors in the “most held” section directly inside the fomo app.
Don’t count out NEET
Even though NEET has gone through almost a 50% retracement since the May 25th highs, I wouldn’t count this one out. NEET managed to become very (very) sticky, keeping its second spot in fomo’s most held tokens leaderboard for quite a while.
Chart-wise, NEET is currently trying to print its bottom range, with 12-hour RSI just over 50. As long as it remains there, there’s a good chance this one continues higher. Either way, NEET remains on my radar (and plenty of other fomo users’ radars as well).
Jotchua
This one has been making absolute waves since last week, and as of the time of writing, Jotchua is trying its best to reclaim its previous all-time high. If it’s rejected, there’s still a chance to print a nice Cup&Handle continuation pattern.
With prominent fomo traders such as gcrJR and traderpow rallying behind Jotchua, I’d say there’s a chance. Monitoring.
frags.fun (FRAG)
FRAG is taking over the timeline today with its pretty nicely done tokenized FPS game on Solana. The developers supposedly have a tokenomics plan in-game along with an in-built marketplace. Another KINS in making? Let’s see.
As always, the top trending picks will rotate, so keep your eyes peeled on the fomo trending coins tab!
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