📌 What Fogo Is

Blockchain type: Fogo is a Solana Virtual Machine (SVM)-compatible Layer-1 blockchain designed for extremely low latency (≈ 40 ms block times) and rapid finality (~1.3 s), optimized for trading, on-chain order books, real-time auctions, and other high-speed DeFi use cases.

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Purpose: Its architecture aims to reduce trading “latency taxes” and friction, making decentralized trading more competitive with centralized venues.

WEEX

🪙 The $FOGO Token

Native asset: $FOGO is the native token of the Fogo chain.

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Functions:

• Used to pay network transaction fees (gas).

• Used for staking, helping secure the network and earn rewards.

• Plays a role in ecosystem incentives and governance (details vary by implementation).

WEEX

CoinGecko

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Supply: Total supply is 10 billion FOGO tokens (some of which may be gradually unlocked over time).

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📊 Price & Market

The token is actively traded on several major exchanges (e.g., Binance, Gate, Bybit), typically against USDT.

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Recent live prices have been roughly around $0.02‒$0.024 per token, but this changes with market conditions.

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Market capitalization is tens of millions of USD — ranking in the mid-hundreds among all listed crypto assets.

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📈 Recent Developments

$FOGO began trading on exchanges in January 2026 with spot and futures listings, community incentives, and trading campaigns.

At one point, a planned $20 M presale was cancelled in favor of an airdrop to decentralize ownership before mainnet launch.

💡 Note: Crypto markets and project details are highly volatile and speculative. Always do your own research and consider risks before

investing@Fogo Official #FogoChain