$FOGO chart is a trap for those who skip basic math. I see folks stuck on $0.03 like it is some cheap win. It is not. To stay alive here, stop looking at the unit cost. Look at the $300M FDV or total value.
Think of it like a new hotel. You see a low room rate and think you found a deal. Well... you didn't. You bought a room in a place that is only half built. When the rest of the rooms open, lobby gets packed. Your spot is just one of many. The building is a giant, even if the key was cheap.
I get the doubt. Low prices feel safe. But $300M is a huge lift for a new chain. The math is cold. I like the speed, but the supply is a heavy weight. Do not let a small number blind you. Watch the cap. Not Financial Advice.

FOGO
0.02678
+13.42%