before we log off for the weekend, I wanted to leave you with what could be an incredible value play:
✅top 15 in Robinhood for holder revenue (last 7 days)
✅it's burning nearly 0.1% of the supply per day
✅sub $3M market cap
✅TVL is up and to the right
let's talk about
@copyfomo
it's no secret that fomo may be the greatest crypto app to date with its slick UX and ability to onboard normies as long as we ignore fills
that said, plenty of people are looking for edge in tailing their favorite traders which
@copyfomo has seamlessly enabled with their app
users are able to set alerts, watch theses posted in real time, and ultimately tail the traders that they want to with a sizing of their choice
the app launched roughly a month ago on
@ponsdotfamily at the end of August and has just about amassed $1M in TVL
currently the protocol is using 50% of revenues for buybacks which you can track onchain if you don't believe me; the average is ~$2.5K the past two weeks and have already removed 3.78% of the total supply
it appears that the
@PolycoolApp team is behind the app and there are two audits underway
of course
@AvgJoesCrypto found this at $100K, the man is a magician
I've purchased 1.5% of the supply publicly on my fomo; if I'm wrong I'll lose a little bit of money, but if I'm right about the protocol's trajectory anything below $0.01 is cheap