WEEK IN REVIEW

FOMO Cracks Top 5 US Finance Charts, Passes Kalshi and Cash App

Fomo, the social crypto trading app built for Robinhood Chain and other networks, has climbed into the top five U.S. finance apps on Apple’s App Store…

Editor’s comment:

While it may be the epitome of extractiveness and a PVP-style arena, it looks like Fomo has found product market fit in the memecoin/social trading space. This is something that several other well funded companies failed to achieve in the past. Whether the money from the fomo arena flows out to raise other boats remains to be seen.

Grayscale Sees Crypto Opportunity as Stock Concentration Soars

Grayscale says record U.S. household equity exposure and demanding stock valuations…