The Valiant DEX is seeing a lot of $FOGO action lately.

But is it real? When you look at the liquidity pools, the volume looks massive. Well… maybe too massive.

It’s like a busy restaurant where the owner pays people to sit at the tables and eat bread all day. It looks crowded from the street, but nobody is actually buying a steak.

​Most of this FOGO churn feels like a back-and-forth bot war. They trade tiny bits of FOGO just to keep the charts green.

If you check the slippage that’s just the price gap between what you want to pay and what you actually get it’s still high. If the volume was 100% organic, that gap would be smaller.

It’s a clever tech play, but don't trust the big numbers yet. It’s consistent, but it feels more like a drill than a real move.

@Fogo Official #fogo $FOGO #Dex

FOGO

0.02712

+4.83%