Did the token giveaway strategy work? Pump.fun's trading volume jumps to 50% of fomo's, with daily active trader counts essentially on par

Odaily reports: Blockworks researcher Kunal Doshi posted on X platform that the gap between Pump.fun and the fomo app on mobile is rapidly narrowing. Currently, the former's trading volume has reached nearly 50% of fomo's, and the number of daily active traders is essentially on par as well. With the addition of perpetual contracts and gacha mechanics, Pump.fun's competitiveness as a one-stop trading application is steadily increasing.

Earlier reports indicated that Pump.fun was revealed to be paying a fixed fee of $30,000 per month to attract FOMO users to migrate to its app.