The Fear of Missing Out (FoMO) has emerged as a significant psychological phenomenon exacerbated by the pervasive use of social media among Generation Z (GenZ). This study explores the contributing factors to FoMO development and its coping strategies for GenZ. A mixed-method approach combined primary data collection through a validated questionnaire with secondary data from relevant literature. Statistical analyses, including factor analysis and reliability tests, were conducted on responses from 380 participants to identify key factors influencing FoMO. Results revealed five primary factors: Psychological Pressure, Social Self-Efficacy, Mediocre Emotions, Social Media Fatigue, and Social Media Usage, each contributing differently to the manifestation of FoMO among GenZ. The study suggests several coping mechanisms, including growing in self-awareness, reducing social media use, cultivating meaningful relationships, practicing appreciation, and accepting the joy of missing out (JOMO). By balancing online and physical encounters, these tactics seek to encourage a more positive digital lifestyle for Gen Z wellbeing.