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$FOGO has been on my radar since the mainnet launch last month.
It’s a high-performance SVM (Solana-style) chain pushing ~40ms block times — and lately, the chart is starting to show early recovery signals.
🟢 Why I’m Paying Attention
The ecosystem activity is picking up.
Flames Season 2 just went live, distributing 200M FOGO tokens to users engaging with the network (staking on Brasa, lending on Pyron, etc.).
For Binance Square users, there’s also a CreatorPad campaign (launched Feb 13) with a 2,000,000 FOGO reward pool.
Tasks are simple: • Follow
• Post with #Fogo
• Complete a small $10 trade
On the technical side, MACD just printed a bullish crossover on my chart — typically a sign that selling pressure is weakening and buyers may be stepping back in.
🔴 What Still Concerns Me
The bigger picture isn’t fully bullish yet.
Price is still trading below the EMA 99, meaning we haven’t reclaimed long-term trend strength.
There were also complaints about Season 1 rewards not covering gas fees. If Season 2 doesn’t improve user satisfaction, momentum could fade quickly. And we’re still in that post-launch phase where early airdrop holders may be distributing.
📌 My Approach
I like the tech — trading on FOGO feels almost like a CEX, but fully on-chain.
I’m not going heavy yet. For now, I’m participating in the CreatorPad campaign and watching price action closely. If we break and hold above key resistance, I’ll consider scaling in more aggressively.
#FOGO #FOGOarticle