The $FOGO chart is heating quiet down. The smart money is just beginning to pile in after consolidating strongly on the anticipated support of around the $0.45 level after the launch.
Why the renewed buzz? The airdrop known as the Phase 2 of the Fogo Flames is under full activation and gaining momentum. Each bridge, each set limit order on Valiant, and stake you make is you accumulating future rewards. The farmers are aware that liquidity is King and that Fogo is rewarding those who bring him. Waiting until your capital has made some money is not so good bridge across, begin to make Flames, and be ready when the supply shock will be felt when the actual utility comes on.