long degeneracy trade isn’t over but the meat of the move has happened imo
next 5 years, exchanges and trading apps that win will focus on thesis driven trading and actually growing users portfolios long term, not selling a get rich quick dream
Makes me extremely optimistic seeing more mainstream creators like togi even talking about onchain etc
The fact there is still also a polarization aswell around the space makes it a lot more interesting and still means the pie has so much more to grow
Trader spotlight on fomo.
@lionofg0d is the first perps trader to top the all-asset leaderboard across multiple timeframes.
A new kind of trader is emerging.
fomo friday updates:
mobile
- invite to clan via links
- updated perps buy/sell flow
- thesis timeline view on chart
- clearer swap failure messages
- clan badges visible across entire app
web
- redesigned clan invite on the clan page and leaderboard
- position card shows how much was received from an external wallet
both
- all likes on theses now visible
- base pair shown on coin pages
- top 100 badge on avatars on the leaderboard
- scam airdropped coins hidden from profile holdings
- team updates now reach holders who received $100+ of the coin
if you want a feel for how to trade majors/mag 7 stocks would definitely look at the fomo perps leaderboard
just by studying these top traders and how they enter positions can definitely develop your own intuition for how to approach more sized fundamental positions
my favorite aspect of trader rewards on fomo is that it’s not optimized for scammers who pump and dump on multi wallets.
it is for the holders, for the communities, for the traders with a thesis and conviction not only to help themselves but others aswell, that is what it’s all about.
fomo creator rewards now approaching $20,000,000 in just a little over a month since launch.
rewards those who provide positive value to the rest of the social graph.
fomo creator rewards now approaching $20,000,000 in just a little over a month since launch.
rewards those who provide positive value to the rest of the social graph.
was great to meet so many fomo users and partners in singapore this past week.
our traders are absolute legends and deserve the best.
serving them will continue to be at the forefront of everything we do.
much more to come soon 👀
1% for the trenches - ft. @0xKeraunos
In continuing fomo tradition, Keraunos has gifted $1K to Seismos
@fomo has matched $500, bringing the total amount to $1.5K