Pumpfun: Upgrades App to Challenge Fomo Dominance
Pumpfun rolls out zero fees and token callouts as Fomo raises $94M at $550M valuation, with $PUMP token holding $0.0 on bullish 4h structure.
SourceAnalysis
Pumpfun fired back at Fomo on August 7 with zero trading fees, direct token callouts and cross-chain USDC support, escalating the fight for memecoin discovery.
Fomo raised $94M including a $75M Series B led by Index Ventures at a $550M valuation in June 2026, building a social feed that blends Twitter-style theses with instant execution.
With price testing upper Bollinger resistance while RSI flashes overbought at 73.59, a healthy retracement to the 50-EMA support at $0.0 seems probable before further continuation, even as MACD golden cross keeps the broader 4h trend intact.
Peter H
@peterhchCo-founder @moongate | prev @hsbc @vectr_ventures @point72Careers | @arcthecommunity @memeland @forbesweb3
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