According to BlockBeats, on September 1st, @seyong, co-founder of the social trading application platform fomo, posted on the X platform that the platform has recently experienced rapid growth, adding 30 new users per minute.
Other data shows that in the week ending August 24, the weekly transaction volume of social trading apps approached $1.3 billion. Fomo and Pump's daily active users are approaching those of Polymarket, Hyperliquid, and Phantom, ranging from 60,000 to 100,000 respectively.