This chain is not meant for retail investors, but we need to pay attention.
After researching Fogo, I have a very intuitive feeling: this thing is essentially a playground for high-frequency traders. Many public chains boast of being "Ethereum killers," but Fogo feels more like it wants to be a "Binance killer," aiming to achieve the efficiency of centralized exchanges in a decentralized manner.
In the existing on-chain environment, even Solana still experiences so-called Jitter. The Fogo team is obviously fed up with this uncertainty, so they flattened these delays from the ground up. This means that future on-chain trading, especially in order book mode, may experience an explosion. Imagine not having to worry about slippage and not having to worry about sandwich attacks from bot traders; this kind of experience is indeed very appealing.
However, the hidden concerns behind this are quite obvious. The level of performance required makes it impossible for ordinary people to run a node; even slightly inferior servers can't keep up with its block generation speed. This makes it a "noble chain." However, as an investment target, this narrative is very attractive in a bull market. Because it addresses real pain points rather than just talking about the ideals of decentralization. Currently, its community heat is still in the early stage; it hasn't reached a point of bustling activity yet. If it can pull in those high-frequency players from traditional finance, the token's value capture ability will be much stronger than that of chains that simply focus on payments. My strategy is to keep an eye on its initial projects, especially those that have extremely high speed requirements, such as GameFi or prediction-type projects, as they will be the touchstone to test whether it is just boasting.
@Fogo Official $FOGO #Fogo