Fomo Lianchuang denied the launch of the Solana token issuance platform, stating that there are already too many market tokens

The co-founder of the cryptocurrency trading app Fomo, Se Yong Park, posted on platform X stating that the current number of tokens in the market has become excessive. The team has no intention of launching new tokens but hopes to help build a future that allows the strongest communities to continue to grow and thrive.

Se Yong Park had previously denied that Fomo plans to launch a Solana ecosystem token issuance platform and stated that the team has no intention of competing with Pump.fun through related products.