Quick version: Moonshot is the training-wheels memecoin app, a short curated list, big buttons, card onramp, built by the DEX Screener people. Fomo (about 0.50% per swap, min $0.95) is the social one: live feed of real trades, leaderboards, and a much deeper token universe. Beginners coast on Moonshot; anyone who wants to see the market breathe ends up on Fomo.

Fomo
Social trading app. Live feed of traders' entries and exits, follow/alerts, slide-to-buy, gasless UX, Apple Pay funding. Wide token range across Verified, Trending and Graduated tabs. Fee ≈0.50%, min ~$0.95; 10% off via referral.
Moonshot
Curated memecoin app by the DEX Screener team. Short vetted token list, deliberately simple buy/sell screens, card and Apple Pay onramp. Costs ride in the payment route and spread rather than one flat published fee. No social layer.
Discovery: feed vs shortlist
This is the real fork in the road. Moonshot's pitch is fewer decisions: a curated shelf of maybe a few dozen memecoins, so you cannot wander into a two-hour-old rug. The cost of that safety is being late; by the time a token is on the shelf, the violent part of its move often already happened. Fomo hands you the whole battlefield plus a feed of what actual traders are doing on it right now, which finds things earlier and punishes indiscipline harder. Curation protects you from the market; the feed exposes you to it. Decide which failure mode you prefer.
Costs, without pretending precision
Fomo's pricing is one published number: about 0.50% per swap, $0.95 minimum, network costs bundled, minus 10% with a referral sign-up. Moonshot's economics depend on how you pay: card routes carry processing spreads, and the effective all-in cost varies by trade. We will not invent a fake percentage for the comparison table; run one identical $100 trade on both and read the final quotes. On published numbers alone, Fomo is the more predictable bill.
Custody and cashing out
Both apps hand you an embedded wallet rather than an exchange account, so neither holds your tokens in a house pool. The practical difference is the exits. Fomo's withdraw flow is a standard Solana send to any address, tested by us more than once; graduated tokens sell into deep DEX liquidity. Moonshot's curated list means everything on it is liquid by construction, but leaving the walled garden generally means selling first and moving stablecoins out. Neither model is wrong; Fomo just leaves more doors open, which cuts both ways for a beginner.
Who should pick which
Pick Moonshot if you are brand new, want a small curated menu, and prefer an app that feels like a fintech product rather than a casino floor. Pick Fomo if you want the social feed doing your scouting, the full token universe, and a flat fee you can actually plan around; that is also the road our launchpad comparison and wallet comparison both funnel into for active phones-first traders.