#数字资产市场动态 SVM Ecosystem has another interesting high-performance Layer1 public chain—FOGO.

Let's look at the fundamentals: the core team is impressive, comprising former executives from well-known institutions like Citadel and Jump Crypto. The fundraising side is also strong, with support from several top investment institutions. The mainnet launch directly entered three major mainstream trading platforms, which is quite rare for new projects.

In terms of token economics, the total supply is set at 10 billion tokens, with the team committing to a 4-year linear unlock, making the release schedule relatively rational. Currently, the trading price is around 0.03205 USDT, with an average daily trading volume of about 37 million, and the market activity remains decent. The oscillating trend at low levels presents a small window for risk-tolerant participants to try small-scale testing.

The SVM ecosystem public chain competition is fierce. FOGO gaining market attention during the mainnet launch stage, supported by institutional backing and technical accumulation, is worth noting. However, its actual performance still depends on subsequent ecosystem development.