Alliance Co-founder: Pump-FOMO Rivalry Could Drive Onchain Finance Mainstream

News Editor

2026-08-09 23:57:56

Imran, co-founder of Alliance, said on X that competition between Pump and FOMO could become a key driver pushing onchain finance into the mainstream market. In his view, the rivalry between the two platforms would help onchain finance grow from a small niche within Crypto Twitter into a product designed for everyday consumers. He also pointed out that, alongside the rise of trading-focused content creators and trading-related content such as Market Bubble and Counterparty, the onchain finance industry may expand by at least one order of magnitude in the future. Previously, reports stated that pump.fun had launched an incentive program aimed at attracting users from the FOMO platform. According to disclosed protocol documents, pump.fun plans to provide qualified users with a one-time signing bonus of $20,000 and a fixed monthly payment of $30,000.

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Imran, co-founder of Alliance, took to X to argue that the rivalry between Pump and FOMO could be a major catalyst in bringing onchain finance to a mainstream audience. He said the competition is likely to shift the sector from a topic discussed mostly among Crypto Twitter circles into a product built for everyday consumers. The investor also highlighted the growth of trading-focused content creators and trading-related content, including Market Bubble and Counterparty. That trend, he believes, could help the onchain finance industry grow by at least an order of magnitude. In a related development, pump.fun has been working to lure users away from the FOMO platform through an incentive program. Based on its disclosed protocol documents, the platform intends to offer eligible users a one-time signing bonus of $20,000, plus a monthly fixed payment of $30,000.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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