Despite BTC spending the week crawling back toward the previous local highs, the onchain bloodbath continued to test everyone’s conviction.
Nonetheless, those with swift fingers and a sharp eye for a runner managed to catch a 280x move on a privacy coin inspired by Vitalik Buterin's novel, Snowmoon. Read on to learn more about this coin.
In other news, Bloomberg recently bullposted about the memestock sector, explaining how it works and the thesis behind its rise, which boils down to this quote from the article:
“My friend who will not buy memecoins will at least be motivated to try this because it does look like the stock market with the boring part gone.”
While everyone can agree on the boring part, the latest pullback has shown that this is nothing like the stock market, with most coins down horrendously.
Moving to yours truly, last week we delivered custom slippage, quick buys and sells, improved token warnings, and more for both platforms, while polishing the perps section on mobile and redesigning the trade panel on web.
The market charges tuition, and it isn’t cheap. Every lesson comes with a price tag paid in losses. The in the trenches weekly podcast offers a stipend, letting you learn from people who've already paid it.
OURA, the smart ring maker, delayed its IPO due to market uncertainty just days after setting terms to raise up to $2.2 billion.
OURA joins a wave of companies that have delayed their IPOs, with the two most notable being Anthropic, which reportedly moved its IPO date from October to November 2026, and OpenAI, which moved its IPO date to 2027 altogether.
Despite the delay, you can already get exposure to OURA through the pre-IPO instrument right here on fomo.
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.
We’ve heard of people who’ve been in this space since 2017 and are still grinding it out 9 years later. Respectable, but if you thought 9 years was a lot, try 14.
After first discovering crypto in 2012, @econoar (eric.eth) became a public figure and contributor in the Ethereum ecosystem.
Most famously, he co-authored EIP-1559, a fee market change for Ethereum that introduced a dynamically adjusted base fee and fee burning, which ultimately led to the rise of the “ultrasound money” narrative.
Fast-forward to today, and Eric finally decided to have some fun by entering the colosseum of social trading. By doing so, Eric topped the PnL leaderboard last week, banking on the rise of BONER.
With the first buys coming in at a market cap of just $173,000 and the highest reaching $57 million, the lesson here is that conviction pays, and for Eric, it paid handsomely.
How long have you been trading crypto?
Last week, Zip coin, which we’ll discuss later in the newsletter, put three gentlemen at the top of the leaderboard.
Coming in at no. 1, we have @FartmanSacks with a massive position that’s grown roughly 3x from $256,000 to $750,000.
The runner-up is @NachSOL with an impressive $552,000 position, also up over 3x on his $172,000 investment.
Rounding out the podium is @Tom100Bi, who holds a $547,000 position, up by more than 2x on his $241,000 investment. Congrats, gentlemen.
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 👀
After President Trump said the US would say 'super intelligence' (SI) instead of AI, and Elon Musk and others followed, Super Inu became the coin everyone points to, with some even calling for it to flip its larger sibling.
Over the last 7 days, the coin rose by more than 3x, with potentially endless catalysts if companies begin replacing AI with SI.
Zip coin is a privacy protocol in which people deposit ZC (or ETH) into a privacy pool and withdraw any amount to any address using a zero-knowledge proof generated in the browser.
The coin has risen by more than 28,000% in a single week. That’s a 280x gain, folks.
Keep track of the majors in the “most held” section directly inside the fomo app.
Hooked is a Solana-based launchpad, which allows creators to enforce rules built into the tokens themselves, such as an allowlist, anti-bundle, holder vesting, hot potato, with more coming online every day.
For example, one of the top coins on the launchpad has a rule that it can only be bought through the fomo app and nowhere else. Pretty neat.
HOOKED ran from a market cap of around $600,000 to nearly $17 million, achieving a 28x move.
Agency is a unique spin on the launchpad sector, where every coin has an autonomous AI mind and its own treasury. Upon launch, the creator can select a model of their choice from the OpenRouter catalog, and the credits to run the model are generated by trading fees on that particular coin.
The coin surged 40x last week as activity picked up and people started launching all kinds of AI minions.
As always, the top trending picks will rotate, so make sure you keep monitoring the fomo trending coins tab!
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PLUS, you can see exactly what the best traders on the platform are holding.
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Until next week!
