#fogo is among of new token created for the purpose of bringing new revolution in cryptocurrency, especially in faster transfer from one wallet or exchanger to another, faster trading and it's very cheaper (low gas fees) compare to another token parteining to Solana.
This #fogo is the layer one (L1) token created to Solana ecosystem by using Solana virtual machine (SVM) for aiming of increasing speed in cryptos activities like deposit, trading and withdrawals.
Among of the founder of #fogo is Robert sagurton and Douglas colkitt with the total supply of 10B$.
This token become very popular among various wallet and cryptos exchanger like binance, and has created a huge profits among traders due to its bullish momentum and it's innovations.
The growth of this token it's not come as a dream but it's a result of good plan and features to devepers and users such as,
Future potential
This token has potential in the future to rise a creat strong ecosystem that will help the strength of Blockchain and crypto this creat trust to users( traders and holders) thus why #fogo rises everyday.
Security and staking
This token has 40ms blocks and it's very faster also various uses eaning income through staking and accumulate rewards through this way, there fore this increases its potentiality.
Ecosystem growth
#fogo token aimed to strengthens their ecosystem so as to compete with other ecosystem due to this competition they are creating new and cheaper systems so as overcome other competitors.
Gas fees
This token has created for low gas fees in order to simplify trading activities, transfer, withdrawal and other activities compared to other token
This is among of the reasons big investors, traders,holders they have impressed with this project and this project will grow day to day due to its good innovation, policies and simplicity.