#fogo $FOGO
Fogo feels different in the market, not because it says it is, but because of how it trades. I have watched it through slow sessions and sharp rotations. Liquidity does not vanish as quickly as it does on newer chains. That comes from its SVM foundation.
Builders arrive with fewer unknowns, and that reduces early chaos. You see it when spreads stay tighter than expected during stress. The token does not react loudly to announcements. It moves when usage actually ticks up.
Fee activity shows up first. Price follows later, if at all. Incentives are measured, which limits dramatic unwinds but also caps explosive upside. Volume can look uneven because speculation leads infrastructure growth, not the other way around. Some traders misread the quiet periods as weakness. I see them as phases where structure is settling.
Fogo is not priced on narrative velocity. It is priced on how efficiently it clears demand, and most people are not watching that.
