#fogo $FOGO
$FOGO is trading near $0.024 , still more than 60% below its all-time high, yet the core fundamentals remain intact.
👉With a market cap around $92M and daily volume holding above $35M, liquidity is present and participation hasn’t disappeared. Meanwhile, Fogo continues operating as a performance-focused Layer 1 built around ~40ms block times and Firedancer-based architecture.
This isn’t a concept chain waiting on delivery. The infrastructure is live, and a decentralized exchange is already running on the network.
Price cycles move independently of development in the short term. But when valuation compresses while infrastructure remains active, it creates a dynamic worth monitoring closely.
Execution matters. And the chain is executing.