Pump.fun, FOMO, and Social Trading: Getting Cash Onto the New Networks
By Bitstop
Trading grew a social layer. Pump.fun turned launching a token into something anyone can do in five minutes. The FOMO app turned trading itself into a feed, where you watch what friends and top traders buy in real time. One makes creating tokens easy; the other makes trading them social.
Then came the stonks trade: memecoins paired against tokenized stocks, launching on StonkFun and on Robinhood's own blockchain.
This is where a huge share of crypto's activity lives right now. Here's what these platforms actually are, and the part we know best: how to get cash onto them in minutes. Short version: a Bitstop ATM is the easiest way to turn cash into the two assets every one of these apps runs on.
What is pump.fun?
Pump.fun is a memecoin launchpad on Solana. Anyone can create a token in minutes for a few dollars: name it, upload a picture, done. The token trades immediately on a bonding curve, a pricing mechanism where the price climbs as more people buy in. Tokens that attract enough buying "graduate" to open trading on a decentralized exchange with deeper liquidity.
Millions of tokens have launched this way. Most see little trading and fade quickly, while a small number go on to wider popularity.
What you need to use it: a Solana wallet (Phantom is the standard) with SOL in it. Everything on pump.fun prices and settles in SOL.
One note for iPhone users: pump.fun's iOS app disappeared from the US App Store on September 10, 2026. The company called it temporary. The website works in a mobile browser, and the Android app is still available.
What is the FOMO app?
FOMO is a social trading app built by former dYdX team members, with Benchmark leading its Series A. It reports more than 500,000 traders. The pitch is that trading is better with the social layer built in:
- A feed showing what friends and top traders are buying, in real time
- Leaderboards and profiles you can follow (you still place your own trades)
- One cash balance that works across Solana, Base, BNB Chain, Robinhood Chain, and other networks, so you never think about bridging
- Trending tokens, watchlists, and live profit and loss on the home screen
The detail that matters for this article: FOMO takes USDC for crypto deposits. You can fund your account by sending USDC directly, and Solana is the network most traders use.
The stonks trade: StonkFun and Robinhood Chain
The newest twist is memecoins that trade against stocks. Instead of pairing a new token against SOL or a stablecoin, launchpads pair it against a tokenized stock or ETF. Traders call it the stonks trade.
StonkFun brought the idea to Solana in August 2026. Its flagship token, STONK, trades against SPYx, a tokenized tracker of the S&P 500. Within weeks StonkFun was out-earning pump.fun on some days. Using it looks just like pump.fun: a Solana wallet with SOL in it.
Robinhood Chain is Robinhood's own blockchain, an Ethereum layer 2 that went live on July 1, 2026. It was built for tokenized stocks, but memecoins took over fast:
- Pons, the chain's main launchpad, sees thousands of new tokens a day
- CASHCAT became the chain's first breakout memecoin
- StonkBrokers mixes pixel-art NFTs with its STONKBROKER token, and each NFT holds its own wallet of stock tokens
- Some memecoins trade directly against stock tokens for companies like Nvidia, Tesla, and Apple
Robinhood Chain uses ETH for gas. The simplest way in from cash skips the bridging entirely: FOMO supports Robinhood Chain, so USDC deposited to FOMO can trade tokens there from the same balance.
Two things to know. A stock-paired memecoin is not a stock: it gives you no shares, no dividends, and no shareholder rights. And the tokenized stocks themselves generally aren't offered to US investors, so check what's available where you live. Deeper guides to StonkFun and Robinhood Chain are coming.
The pattern: the new apps run on the same two assets
Notice what pump.fun, StonkFun, Robinhood Chain, and FOMO have in common with prediction markets, decentralized exchanges, and everything else launching right now. Under the social layer, they run on the same rails:
- SOL as the fuel of the Solana ecosystem
- USDC as the cash
Learn to move those two assets and every new app is just a deposit screen.
Both are on the menu at Bitstop's 3,000+ ATMs, for cash, and stablecoins like USDC typically carry fees up to 10% lower than other cryptos on the machine. Robinhood Chain runs on ETH for gas, but trading it through FOMO means USDC is all you need.
Cash to pump.fun, step by step
- Get Phantom (or any Solana wallet) from its official site or your app store. Save your recovery phrase offline.
- Find a Bitstop ATM and tap Buy Crypto, then SOL.
- Scan your Phantom receive QR code and insert cash. The rate and fee are on screen before your first bill. SOL typically lands in minutes.
- Connect Phantom to pump.fun and trade. You're on the network without ever creating an exchange account.
Cash to FOMO, step by step
- Download FOMO and sign up.
- Buy USDC at a Bitstop ATM into your own wallet: Buy Crypto, then USDC, scan your wallet, insert cash. (Full USDC guide.)
- In FOMO, tap Deposit, then Crypto, and choose the network you're sending from (Solana). FOMO shows a QR code and deposit address.
- Send your USDC from your wallet, making sure your wallet's network matches the one you picked in FOMO. Funds appear in minutes, and you're trading with the feed.
The network-matching rule is the one that protects your money everywhere in crypto: sending and receiving side, same network, every time.
Why Bitstop is the easiest way to get cash onto these apps
Speed is the entire point of this corner of the market, and the usual on-ramps are slow. Bank transfers take days. Card on-ramps carry processing fees and sometimes get declined. Exchanges want an account, a linked bank, and a holding period before you can withdraw.
A Bitstop ATM skips all of it:
- Two minutes at the machine. Insert cash, and SOL or USDC heads to your own wallet.
- No bank account, no exchange account. Cash in hand is the only funding you need.
- The right assets on the menu. SOL for pump.fun and StonkFun, USDC for FOMO and Robinhood Chain tokens through FOMO. ETH is there too if you'd rather bridge to Robinhood Chain yourself.
- Discounted stablecoins. USDC typically carries fees up to 10% lower than other cryptos on the machine.
- Upfront pricing. The rate and fee are on screen before your first bill.
- Everywhere. 3,000+ locations, many open 24/7, from a licensed operator running since 2013. $10 minimum.
Understand the risks before you trade
Social trading apps make it fast and easy to buy new tokens. That speed makes it even more important to understand what you're buying before you buy it.
- Memecoins are highly volatile. Prices can move sharply in minutes, and many tokens lose most or all of their value. Only trade with money you can afford to lose.
- Research every token. Look at who created it, how its liquidity works, and how long it has been trading. Popularity in a feed is not a measure of quality.
- Verify the contract address. Copycat tokens often reuse popular names and tickers. Confirm the address through the project's official channels before you buy.
- Know the platform. Read each app's terms, fees, and supported regions, and understand how its deposits and withdrawals work.
- Past performance doesn't predict future results. Leaderboards and trending lists show what has happened, not what will.
Bitstop provides access to digital assets and doesn't recommend or endorse any token, platform, or trading strategy.
FAQ
Is the FOMO app legit?
It's a venture-backed platform built by former dYdX team members, with Benchmark leading its Series A, and it reports more than 500,000 traders. A legit platform doesn't mean safe assets: the tokens traded on it are high-risk.
Do I need an exchange account for pump.fun?
No. A Solana wallet with SOL in it is the entire requirement. Cash to SOL at a Bitstop ATM covers it.
What does FOMO use for money?
A single cash balance that works across every network it supports. For crypto deposits it accepts USDC only, on supported networks, with Solana the most common. Here's how to buy USDC with cash.
How do I get onto Robinhood Chain with cash?
The simplest route is USDC. Buy it with cash at a Bitstop ATM, deposit it to an app that supports Robinhood Chain, like FOMO, and trade from one balance with no bridging. Trading on the chain directly also works, but you'll need ETH bridged to Robinhood Chain for gas.
Do stock-paired tokens give me shares?
No. A memecoin paired against a tokenized stock gives you no claim on the underlying shares, no dividends, and no shareholder rights. Its price moves with both the stock token and the memecoin itself.
How fast is the whole path from cash to trading?
Ten to fifteen minutes for a first-timer on either app. About two minutes of that is at the ATM.
Can I do this without a bank account?
Yes. That's the point of the cash rail: bills in, crypto in your wallet, apps funded.
Bitstop provides access to digital assets. Nothing here is investment advice, a price prediction, or a guarantee of value. Memecoins and social trading platforms involve extreme volatility and risk of total loss. Bitstop is not affiliated with pump.fun, FOMO, StonkFun, Pons, or Robinhood. Digital asset transactions are subject to identity verification, AML procedures, and sanctions screening. Availability varies by state.