#fogo $FOGO @Fogo Official
🔥 What Is Fogo (FOGO)?
Fogo is a high-performance Layer-1 blockchain built for ultra-fast on-chain trading and DeFi (decentralised finance). It runs on the Solana Virtual Machine (SVM), which makes it compatible with many Solana-based apps and tooling but aims to be significantly faster and smoother. �
CoinGecko +1
🧠 Key features:
Solana VM compatibility – developers can port projects easily. �
CoinGecko
Very fast block times (~40 milliseconds) and finality ~1.3s – much quicker confirmations than typical chains. �
CoinGecko
Optimised for trading/DeFi – especially for real-time order books, derivatives, and competitive execution. �
Phemex
Session keys and gas optimisations – UX improvements like fewer wallet prompts and near-gasless interactions in supported dApps. �
Coin Bureau
FOGO uses a multi-local consensus and collocated validators in strategic data centers to minimise latency, though this approach is a trade-off versus broader decentralisation. �
CoinGecko
💰 The FOGO Token
FOGO is the native token of the Fogo blockchain. Its main functions are:
Gas/transaction fees
Staking/validator incentives
Network security and governance incentives
Ecosystem rewards / DeFi incentives �
Phemex
📊 Token Info (Current / Recent)
Total Supply: ~10 billion FOGO �
CoinMarketCap
Circulating Supply: ~3.7–3.8B (varies as tokens unlock) �
CoinMarketCap
Market Rank: ~#250 in crypto markets �
CoinMarketCap
Trading Price: ~$0.02–0.03 USD (fluctuates with market) �
CoinMarketCap
Indian INR price example: around ₹2–₹2.3 per token (varies by exchange & time) �
CoinSwitch
Note: Prices change constantly and can be volatile. �
CoinMarketCap
🪙 Launch & Distribution
The mainnet officially launched around mid-January 2026. �
AInvest
A planned $20M token presale was cancelled, with some of that allocation redistributed via airdrops/community rewards instead. �
Coin Gabbar
Networking partners and fundraises included seed and community rounds earlier in 2024–2025. �
The Block