$FOGO is a Layer 1 blockchain optimized for high-frequency trading and DeFi, boasting ultra-fast 40ms block times and Solana Virtual Machine (SVM) compatibility. Launched in mid-January 2026, it secured $13.5M in institutional funding and debuted on exchanges like Binance, driving a 54% price surge to around $0.052–$0.062, with a market cap of $165M–$232M . Circulating supply stands at 3.75B–3.8B tokens from a 10B total, with strong 24-hour volumes exceeding $100M but high volatility, as seen in recent -9% to -12% dips .

✔️Key Features

$FOGO powers gas fees, staking, and incentives on its Firedancer-optimized chain, prioritizing low-latency execution and MEV reduction over broad apps . Tokenomics include a 2% burn, 39% unlocked at TGE, and 59% vesting over four years to curb sell pressure .

✔️Market Outlook

High liquidity and exchange listings signal adoption potential, though overvaluation risks loom with FDV at $594M versus current cap . Traders eye support at $0.048 and resistance near $0.105 .

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FOGO

0.03869

-5.35%