$FOGO
is a next-generation Layer 1 blockchain designed for extreme performance, specifically targeting high-frequency trading and institutional DeFi. It distinguishes itself by utilizing the Solana Virtual Machine (SVM) but implementing it with a "pure" version of the Firedancer client.
Key Highlights:
Unparalleled Speed: FOGO boasts block times of approximately 40ms and sub-second finality, positioning it as a direct competitor to high-speed chains like Solana and Aptos.
Mainnet & Listing: The mainnet officially launched on January 13, 2026, followed by a massive debut on major exchanges like Binance, OKX, and Bybit on January 15, 2026.
Market Position: With a circulating supply of approximately 3.75 Billion FOGO and a total supply of 10 Billion, its market capitalization stabilized around $170M−$185M shortly after listing.
Institutional DNA: The project was co-founded by veterans from Jump Crypto and Crocodile Labs, giving it strong technical credibility in the "Lightning Chain" category.
Price Action Performance:
FOGO saw its public sale price at $0.035. Upon listing on Binance (January 15, 2026), the token experienced a classic "listing pump," reaching highs near $0.078 before entering a healthy consolidation phase between $0.050 and $0.055.