2026-01-20 04:23:30

FOGO has been performing well in recent days. As of around 11:00 AM on January 20th, the price remains steady at approximately $0.02920.

Let's look at some key data. The 24-hour decline is about 2.7%, with the price fluctuating between $0.0276 and $0.0305. The market cap is approximately $280 million, and the FDV is close to $2.8 billion. Trading activity is also decent, with over $100 million in 24-hour trading volume, and liquidity remains at a usable level.

The project itself is a high-performance trading public chain, currently still in the early launch phase. The biggest risk during this period is token unlocking, which could lead to significant selling pressure. A major exchange has also labeled it as "Seed" high risk, indicating that institutions have already issued risk warnings.

Interestingly, the current price has fallen below the issuance price. If you have spare funds, you might consider gradually building a small position to test the waters, but be sure to manage your risks. What do you think about this asset?

FOGO9,8%

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XiaoyaoSect999

· 01-20 06:10

Junk variety

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BridgeJumper

· 01-20 04:53

Breaking below the issuance price and still dare to boast about good performance? That logic is a bit confusing. --- Unlocking pressure is so high, yet you still want us to buy the dip. That's a bit naive. --- Early-stage public chain projects, just the seed label is enough to discourage me. --- Is liquidity enough? Pumping is easy, crashing is hard. That’s the key. --- Gradually building positions sounds simple, but I’m afraid each time is lower than the last. --- FDV and market cap are so different; dilution is definitely coming later. --- A trading volume of 100 million looks hot, but could it actually be wash trading? --- The price range is so narrow; either no one wants it or it’s just shaking out traders.

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NewPumpamentals

· 01-20 04:46

Breaking below the issuance price is actually only one or two times, but not many people dare to take the risk.

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SeasonedInvestor

· 01-20 04:44

Breaking below the issuance price actually piques my interest, but the unlocking period is indeed quite annoying.

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MidnightTrader

· 01-20 04:39

Breaking below the issuance price doesn't really mean anything. The key is to see how the unlock schedule is arranged; otherwise, there will be more hits later.

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gm_or_ngmi

· 01-20 04:36

Still claiming good performance after falling below the issuance price? I really can't understand this logic. The Seed label is right there, and with the unlocking wave coming, it might directly break the bottom.

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