#fogo $FOGO What Is Fogo (FOGO)?
Fogo is a next-generation Layer-1 blockchain focused on very fast on-chain trading and decentralized finance (DeFi). �
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It’s built using the Solana Virtual Machine (SVM) and uses the Firedancer client for ultra-low latency and quick transaction finality. �
CoinMarketCap
Fogo’s goal is to give developers and traders a high-performance platform that feels closer to traditional financial systems in speed and reliability. �
CoinMarketCap
📊 FOGO Token Basics
Ticker: $FOGO
Use cases:
• Paying gas fees on the network
• Staking and securing the blockchain
• Governance and ecosystem incentives
Total supply: ~9.9 billion FOGO
Circulating supply: ~3.7 billion FOGO (varies with data source) �
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💰 Price Snapshot
The price of 1 FOGO has varied around ₹2–₹2.3 (~$0.02–$0.03) in recent data. �
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FOGO reached an all-time high ~0.06326 USD earlier in its trading history. �
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💡 What Makes Fogo Special?
⚡ Low latency: Designed for real-time transactions with very fast block times. �
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📈 Trading-focused: Good for decentralized exchanges and complex DeFi trading tools requiring quick execution. �
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🔗 SVM compatibility: Developers familiar with Solana can build on Fogo easily. �
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Would you like a short speech or summary script about Fogo that you can use in a class project or video? (I can write it too!)