FOMO, Trojan, and GMGN get compared constantly because they solve overlapping problems, getting you into and out of meme coins quickly, from three different starting points. FOMO is a full mobile and web app built around social trading. Trojan and GMGN are Telegram bots built around speed and staying inside a chat window. Here's how they actually compare on the numbers that matter.
| Platform | Type | Chain | Fee (no code) | Fee (with code) | Referrer payout | Best for |
|---|---|---|---|---|---|---|
| FOMO | App (iOS / Android / web) | Multichain | 0.50% | 0.45% | 25%, for life | One app for everything, social and copy trading, no KYC for spot |
| Trojan | Telegram bot | Solana | ~1% | ~0.9% | Up to 35%, 5 layers | Speed and chart-native trading without leaving Telegram |
| GMGN | Telegram bot | Solana | Not published | Not published | 10%-30%, by volume | Telegram-native trading; confirm current fees directly in the bot |
The fee comparison, with a caveat
On headline percentage alone, FOMO's 0.50% fee (0.45% with a referral code) is lower than Trojan's roughly 1% (about 0.9% with a code). That's not perfectly apples-to-apples, though: FOMO markets itself as gasless and presents that percentage as the full cost of a trade, while a Telegram bot trading on Solana typically still passes through Solana's own network fee, usually a small fraction of a cent, on top of its own percentage. For most trade sizes the practical dollar difference is minor, but the fee structures aren't built the same way. GMGN doesn't publish a base fee in the sourcing we could verify, so if fee size is your deciding factor, check GMGN's current rate directly before comparing it to the other two.
Custody: app wallet vs. in-chat wallet
FOMO gives you a non-custodial wallet, built on Privy, the moment you sign up. You hold the keys, and the wallet lives inside a normal-feeling app. Telegram bots in this category, including Trojan and GMGN, typically generate a wallet directly inside the chat with an exportable private key, which is a different shape of self-custody: convenient for fast trading, but worth confirming the export process yourself in each bot rather than assuming it works identically everywhere.
Referral economics: why everyone has a code
All three run on the same basic model: a new user gets a lower fee, and whoever referred them earns a cut of what they pay going forward. FOMO advertises 25% of a referred user's fees for life. GMGN pays 10% to 30% depending on referred volume, and Trojan pays up to 35% across a five-layer program, paid daily. This is standard across the category. See our Telegram bot roundup for how BONKbot (30% the first month, 20% the second, then 10% for life) and others compare.
What actually differs in daily use
Beyond the numbers, the practical difference comes down to where you already spend your attention. FOMO is a destination app: you open it the way you'd open any trading app, browse a leaderboard, and get push alerts. Trojan and GMGN live inside a chat you probably already have open all day, which matters most in the seconds after a token you're watching starts moving, since there's no app-switch involved. That's a real edge for anyone trading fast-moving launches, and a non-factor for anyone trading a handful of times a week.
Switching between them later
Nothing here locks you in. Because FOMO's wallet is non-custodial and a Telegram bot's in-chat wallet typically exposes an exportable private key, you can move the same underlying holdings between them, or run more than one at once, without starting over. The only thing worth planning ahead of time is where you'll actually want to hold funds long-term versus where you want to execute trades. Those don't have to be the same wallet.
Who should use which
- Choose FOMO if you want one app for everything (social trading, a leaderboard, one-tap copy trading) without installing a separate wallet app, and you're fine with a KYC-capable payment partner handling card deposits.
- Choose Trojan if you already live in Telegram, want to stay chart-native, and want the lower of the two disclosed Telegram-bot fees on this page.
- Choose GMGN if you want a Telegram-native option and are comparing it against Trojan yourself. Check GMGN's current published fee before deciding, since it wasn't available in our sourcing.
None of the three changes the underlying odds of memecoin trading. Read our memecoin trading statistics page before deciding how much of any of this to do.
More head-to-head comparisons
For a closer look at how Rayo itself stacks up against a specific bot, feature by feature: Rayo vs. Trojan, Rayo vs. GMGN, Rayo vs. BONKbot, Rayo vs. Axiom, Rayo vs. Photon, and Rayo vs. BullX.
Start with FOMO's lower disclosed fee
0.45% per trade with our referral link, non-custodial from day one.
Affiliate link. We earn a commission.
Frequently asked questions
Which of the three has the lowest disclosed fee?
FOMO's disclosed 0.50% fee (0.45% with a referral code) is lower than Trojan's roughly 1% (about 0.9% with a referral code). GMGN's base fee isn't published in our sourcing, so confirm it directly before comparing.
Which pays the best referral commission?
FOMO advertises 25% of a referred user's fees for life. GMGN pays 10% to 30% depending on referred volume, and Trojan pays up to 35% across a five-layer program, paid daily.
Do I need Telegram to use Trojan or GMGN?
Yes. Both run as Telegram bots, so you need a Telegram account, and you should always start from each bot's official link. Telegram has many lookalike fork bots impersonating the real ones.
Can I use more than one of these at the same time?
Yes. Nothing about any of these three prevents using them together, and many active traders run FOMO for one style of trading and a Telegram bot for another.
Which is fastest for sniping brand-new launches?
We don't have direct execution-speed data comparing FOMO, Trojan, and GMGN. What we do know: professional sniper bots run end-to-end in around 50 milliseconds, which is faster than any of these interfaces used manually. See our statistics page.