Major exchanges Binance and OKX have rolled out liquidity incentive campaigns, including trading competitions and airdrops, to draw more users and liquidity into the FOGO market.
Earlier, the project cancelled its $20 M presale ahead of launch and instead opted to airdrop the 2 % of tokens originally set aside for presale participants, reflecting a shift toward a more community-oriented distribution model.
Despite positive developments, critics note that real-world performance and competition from established blockchains remain key challenges for Fogo’s broader adoption.
FOGOUSDT
Perp
0.02347
+8.05%