An analysis of 829,539 Solana wallets that bought tokens via FOMO from January to October 2026 found only about 10% were profitable after fees. Before fees, 15% showed profits, but fees and token trades pushed many below break-even. The cohort incurred an estimated $395 million in losses under baseline valuation, with $40 million paid in USDC fees, about 0.5% of trading volume. Profitability remained low under different valuation methods, highlighting significant risks for retail investors using the FOMO app on Solana.
About 10% of FOMO’s Solana wallet cohort was profitable after fees, according to data as of Oct 30, 2026 01:32 WIB. For readers following major cryptocurrencies, here is Pluang's market snapshot as of that time: of 50 priced major cryptocurrencies tradable on Pluang, 24 rose and 25 fell today. Notable movers include SAND (The Sandbox) with a 1-day change of +1.97% and a Pluang order activity of 83% Buy, while VET (VeChain) fell by -1.99% with 62% Sell activity. The most notable figure is SAND's 83% Buy order activity.
iHerb Holdings appointed Jordan Sweetnam, eBay's Chief Commercial Officer, as an independent director to its board. Sweetnam brings extensive experience in global eCommerce, having held senior roles at eBay and Walmart, and will support iHerb's expan...
Alnylam Pharmaceuticals announced on July 30, 2026, that it lowered its full-year 2026 sales guidance for its TTR product by about $200 million due to slower than expected market growth. This caused the stock to fall 28.31%, injuring investors. On Oc...
Hyperliquid (HYPE) token price increased by 3.00% within one hour on October 29, reaching $94.82 on Binance. Over the same 24-hour period, HYPE gained 17.28%, reflecting strong upward momentum. During this hour, significant liquidations occurred with...
Harley-Davidson is currently trading at a high valuation of 27 times its earnings despite weak operating income and declining sales forecasts projected through 2027. Recent improvements in retail and inventory have not translated into sustainable ear...
At least $5.57 billion in cryptocurrency was moved out of Binance-linked wallets across Ethereum, Bitcoin, and Tron blockchains in what appears to be a major security breach. Binance has not confirmed a hack but is actively investigating the potentia...
