#fogo $FOGO
Fogo behaves differently in the market because its architecture removes friction that traders usually rely on for volatility.
Running on the Solana Virtual Machine, it processes activity smoothly, which means fewer fee spikes and less forced urgency around blockspace.
I’ve watched volume fade after initial excitement, not because usage disappeared, but because incentives are not engineered to create artificial scarcity. Liquidity builds slowly and leaves slowly. You notice it when spreads stay controlled even on red days.
The token doesn’t surge from congestion cycles, so narrative traders lose interest and rotate out. That rotation creates mispricing. Adoption feels uneven because builders arrive through tooling familiarity, not marketing waves.
Some weeks look quiet, then usage ticks up without dramatic price response.
The trade-off is patience. Fogo reads less like a momentum play and more like infrastructure quietly absorbing demand.
If you judge it by noise, you miss what structure is actually doing underneath.