social tradin2026-09-01 03:34:29Social Trading App Weekly Volume Nears $1.3B, Next Roaring Kitty Could EmergeSyncracy Capital co-founder Ryan Watkins said social trading apps, which combine market data, public trade records, discussion and execution, could spawn the next Roaring Kitty. DefiLlama shows weekly volume on such apps neared $1.3 billion through Aug. 24. Fomo and Pump are pulling daily active users close to Polymarket, Hyperliquid and Phantom, with each platform at roughly 60,000 to 100,000. Pump has paid out over $450 million to token deployers, with typical Meme coin swap fees of 2% to 3%. Social trading apps represent about 33% of Hyperliquid developer-code volume. The SEC has warned that social media recommendations may involve pump-and-dump, undisclosed promotions, scalping and impersonation, while illiquid Meme coins could hinder large-scale copy trading.1110
Social Tradin2026-09-01 03:45:12Social Trading Apps Drive Onchain Rally, Weekly Volume Nears $1.3BSocial trading apps are gaining momentum as a driver of the current onchain rally, with weekly trading volume approaching $1.3 billion, according to data cited by Syncracy Capital co-founder Ryan Watkins. Speaking on Sept. 1, Watkins said these platforms will bring together market data, public trading records, discussion and trade execution. He predicted the emergence of individual traders displaying nine-figure trading results, profit-and-loss leaderboard users with large followings, and online groups commanding significant capital. Watkins also suggested that the next Roaring Kitty could surface through a social trading app. On-chain metrics for the week ending Aug. 24 put social trading app weekly volume near $1.3 billion. Meanwhile, Fomo and Pump have each drawn 60,000 to 100,000 daily active users, approaching the user numbers of Polymarket, Hyperliquid and Phantom. The figures highlight the growing role of social trading apps in the current onchain rally.1280
Solana2026-07-10 12:00:13Roaring Kitty's Deleted Posts Send Solana Meme Coin RKC Crashing, $10M Wiped OutSolana-based meme coin RKC skyrocketed then crashed after posts from Roaring Kitty's X account were deleted, losing nearly $10 million in market cap. On-chain data suggests developer profits and insider dumping concerns.670
