@tryfomo Road to financial freedom https://xitter.gq/t.co/kH9WY1ecBD Best trading APP : https://xitter.gq/t.co/Y6DH36zHZ8
Joined September 2013
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Small thread on @tryfomo
(use my ref or report fomo.family/r/cryptojohnnyfa…)
Why I’m so bullish on FOMO
1. Stablecoin based = massive W
- We’re near the end of the cycle, not the start I’d rather trade in stables right now
- You can buy on BSC / BASE / SOL using just USDC in your wallet
- Normally you’d need to hold the native gas token for each chain (BNB / ETH / SOL), but not here. That’s giga goated
2. Social trading positive & negative
- Get instant alerts when a lot of traders ape into the same coin (fresh launches, hype tokens, etc)
- Lets you ride early waves of new coins or fade crowded trades
- Find good traders based on their leaderbord daily weekly monthly or overall
- The only downside is some people abuse public wallets just to farm followers pretty nasty behavior. I’d instantly unfollow those types
- On the other side, some traders drop great insights in their comments creating real information flow and alpha sharing
4. Onboarding retail the right way
- FOMO isn’t running any massive marketing campaigns, yet their stats are going crazy
- For normies, it’s perfect you get info flow from solid traders and can copy trade easily with a few clicks
5. Perfect for travel or vacations
- When you’re on the move, all you need is FOMO no juggling a bunch of wallets on your phone or laptop
- You’ve got most of the info you need right inside the app perfect for quick mobile trading
I’m personally running a 5k → unlimited challenge on FOMO and will probably do most of my vacation trading there🫡
Not a paid post or anything I’ve just been waiting forever for a stablecoin based trading terminal/app.
Honestly, no idea why nobody built this earlier.
So yeah, even happier that FOMO is the first one actually doing it right.
Underrated take:
It’s insane how much energy constantly being in the trenches 24/7 actually costs you.
I feel that after coming back from my 4-month vacation.
Just checking Twitter, Telegram groups and keeping up with everything again already makes my brain explode
Should be pretty easy to spot who’s farming the competition, right? 💀
47K coins and 99K different coins???
In just 30 hours, these 20 people traded around 5,000 coins EACH.
That’s 2.77 different coins every minute, per person 24/7 without sleep
Feels like Pump is slowly killing itself.
Almost every recent move has been a miss.
The competition is manipulated and designed to benefit their paid KOLs once again.
They’re not good at onboarding retail.
They’re good at extracting money from them.
seems like pump has done a full pivot to stake(dot)com-esque marketing of deals, competitions, etc. don't think this goes well for them for a couple reasons
- stake is honest in what it is, a -ev casino. ppl know what they're signing up for and play it knowingly for fun. pump is different, you don't come to have fun, you come to make money. once ppl realize it's a losing game there's no fun to keep them around, they just opt out and move on. memecoins in their current state aren't as fun or addicting as slots unless you're the one deploying or have copy traders
- gets messy with the token. stake is private and has the luxury of spending whatever it needs on marketing and growth. pump token performance relies on accruing value back to the token, so every dollar on deals and comps is a money not going to buybacks. marketing only works if each new user brings in more in fees than they cost, and paying creators / running comps risks farmed volume that dies when the payouts stop. the main ppl driving vol on pump app are people on deals, they aren’t reaching retail in the same was other social apps have
wrong if they somehow bring in flocks of retail and new money, but this feels extremely unlikely. outside of deals crypto native money continues to leave the pump eco, would need to see huge amounts of new flows to offset this. doesn’t seem too sustainable to me, it’ll be tough for them to juggle token performance and customer acquisition
Bro pumpfun even steal this posts from @DineroDom0
How much you wanna steal from fomo people
Kinda sad to see what CT has evolved into.
Half the people on here are basically on a pump payroll.
They bought their way into the space, turned everything into paid shit
What happened to having morals?
CT used to stand for something. Now it feels like everything has a price.
Sing’s case perfectly shows how stupid this pump competition is.
The optimal strategy to win is probably to bundle a coin up 70–90%, buy in $800k–$1M and win 1.5m
The fact that unrealized PnL counts is one of the dumbest mechanics ever. It just incentivizes bundles
You be better off and relax with your friends and family instead of getting farmed by pump FnF
2 week trading break coming up unless btc cracks 85k
current onchain conditions are crap and feel with pump clan trading competition there will be so many farms to boost places on the leaderboard, combined with crappy vol nothing is going to survive probably
better to sit on hands, if there is a global narrative coin then I will be there, but I think generally negative ev to waste time for the next 2 weeks
It can’t be real
Alon giga rugs the trenches yesterday.
Today, he announces a competition where, once again, only bundlers and KOLs will win.
And all those paid KOLs are back to praising him like nothing happened.
This space deserves absolutely nothing. Sorry.
Johnny Fap retweeted
been shaving off ms and bps last couple days
dune.com/relay/fomo-pump-fun…
It's been productive so far. might do a long form post about the engineering behind this! i believe this is the fastest way to move money and trade across chains in production so far.
Introducing the fastest crosschain swaps on the market. Crosschain transactions on @fomo now land in <1s.
A week ago, we rolled out our own internal bridge to a small % of users.
Public rollout of fomo bridge begins now.
