Trump #memecoins : How Insiders Pocketed Millions While Retail Investors Lost Billions $TRUMP $0.96 and $MELANIA $0.11 tokens have collapsed 92% and 99% from their all-time highs, respectively, and the damage to retail investors has been staggering. While insiders cashed out over $600M through fees and token sales, retail holders absorbed the losses at a ratio of 20-to-1: for every dollar insiders earned, ordinary investors lost $20. In total, retail losses exceed $4.3 billion across nearly two million wallets currently underwater. The concentration of gains is equally striking. Just 45 whale wallets extracted a combined $1.2 billion, and the selloff may not be over. With $2.7 billion in insider tokens still locked until 2028, significant selling pressure remains on the horizon.
Did you know tokenized assets is one of the fastest growing categories in crypto. Key drivers: • Lower operating costs. Tokenized instruments are cheaper to issue, settle, and manage because software replaces intermediaries and manual processes. Lower costs increase margins for issuers and yields for investors. • Broader currency and capital market distribution. Stablecoins expand the reach of national currencies. Tokenized bonds and equities expand access to domestic capital markets. Greater distribution can lower sovereign and corporate funding costs. • Large untapped asset base. Blockchains and asset issuers already operate at scale, but only a small share of the ~$400T in global financial assets is tokenized. Even modest migration represents significant growth. Why investors care: • Emerging financial incumbents. Blockchains (@Arbitrum Foundation , #bnb , etc.) and asset issuers (SuperstateInc, centrifuge, etc.) can capture a growing share of financial activity as assets move on-chain. Investors want on-chain data to understand which distribution layers and issuers are gaining share.
The @Fogo Official ecosystem exists because traders shouldn’t have to compromise their trading and 40ms blocks are delivered by making intentional design decisions and Fogo goal is to reduce latency as much as technology allows it whilst preserving the crypto ethos. Many Fogo applications integrate into fogo sessions is to provide users with a gasless, no approve UX needed. The $FOGO session is a chain primitives which combined account abstraction with paymasters and enables users to interact with their applications without signing individual transactions or paying gas fees. And the #fogo session also includes robust user protection features such as spending limits and domain verification that allows users to explore new applications without have to risk their entire wallet balance.
If building on solana is one of your goals I recommend you to check out @Fogo Official it’s a fully compatible solana project with a runtime (SVM) and RPC interface. This means you’ll have access to use the standard Solana toolkit to interact with the ecosystem directly.
Want to deploy a Solana program on Fogo? You can use the same tools you’ve already familiar with from Solana development and the key difference is to simply point these tools to a Fogo RPC endpoint. You can deploy your program using the standard deployment command in the image below 👇
And the program will be deployed to $FOGO with the sender key-pair as the authority, you can also verify the deployment and interact with your program using the Solana CLI tools. What made #fogo more reliable for users is how it allows them create an intent message and sign that message with a key pair to prove their ownership over the private key. The ecosystem also includes a centralized paymasters that allows users to transact on the blockchain without having to pay for gas fees.
Fogo is a next-generation layer 1 blockchain which was designed to the delivery the most benefit-able on-chain trading. Trading on @Fogo Official you don’t have to worry about friction taxes, bot taxes or speed taxes.
When Fogo launches it, it launched with a clear and principled approach; that delivered a powerful, open network while building methodically integrated towards the future. Fogo was built to kill latency tax and make on-chain world feel instant. Wondering what’s the benefit of fogo session?
$FOGO session was designed with several protective mechanisms; - Scoped permissions is session keys that is designed for trading app within the ecosystem - Ephemeral keys are the temporary and expire on schedule and its work is to take care of all compromised keys. - Human-readable intents is used to sign a clear message that is tied to recognizable web domains. While traders needed a confidence that execution is safe and effective and these guardrails align with Fogo’s larger network; by building the highest performance and most secure chain for trading. Also #fogo session are designed to feel effortlessly and have security of user’s assets at its core. More than 40B transactions has been made on @Fogo Official ecosystem since mainnet and 692K blocks height. The numbers don’t lie.
Trading on @Fogo Official is very simple and efficiency. The ecosystem offers traders a novel way to interact with their blockchain applications instead of having to sign every transaction, you will simply be granted an app limited access to your assets for a limited time. Fogo also offers traders leverage paymasters that’s allowed for gasless transactions for users at any point of need. Instead of paying transaction fees and stumbling around exchanges for gas fees, #fogo dApps sponsors your transaction fee. The most efficiency part of fogo is how it lets users use their preferred SVM wallet. Fogo also made security their first priority; fogo session was built with a security-first approach. This security strategy will let users limit their dApps access to specific assets and specific qualities. $FOGO exists to deliver traders from compromised assets.
An ecosystem can’t survive without functionality tools that is why @Fogo Official partnered with (BIRDEYE) to provide a multi-chain tracker for real-time market analysis and trading insights across the entire ecosystem. $FOGO also uses this tool to offer its users a comprehensive suite of tools for traders and developers; users will able to track their token with their live prices, charts and trading history this will be useful across multiple chains. You can also use the tool to analysis your portfolio, smart money and large trading amounts. #fogo is building a productive ecosystem.
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