@Fogo Official Chart Looks Clean. The Unlock Schedule Doesn't.
Let me be straight with you.
The tech is real. Sub-40ms block times, Firedancer under the hood, SVM compatibility, built for the kind of high-frequency on-chain trading that actually needs speed. Testnet was hitting 1,000+ TPS before mainnet even opened. That's not marketing, that's engineering.
But while everyone's talking about the performance, nobody's talking about the clock that's ticking.
Only 39% of FOGO is actually circulating right now. The other 62% belongs to contributors, advisors, and institutional investors who got in at prices retail never saw — some as low as $0.035 while the public listing opened at $0.14. Four times cheaper. And all of it is locked... for now.
September 2026, advisors start unlocking. January 2027, the core contributors and big institutional names like Distributed Global and CMS Holdings follow. That's nearly 50% of total supply coming from people sitting on massive unrealized gains, all hitting within an 18-month window.
On top of that, staking inflation runs around 14% annually. If you're not actively staking, you're getting diluted quietly in the background. And the staking interface isn't exactly beginner-friendly, which means a lot of the airdrop recipients this was designed to reward will probably never stake at all.
Yes, they cancelled the presale. Yes, they burned 2% of genesis supply and expanded the airdrop. Those were the right moves and they deserve credit for it. But a 2% burn doesn't change what's coming in late 2026.
The project might absolutely make it. The technology gives it a real shot. But go in with your eyes open — because the people who got in before you certainly have theirs wide open.
