@Fogo Official , tag token $FOGO , and use the hashtag #FOGOUSDT . The content must be strongly related to Fogo and must be original, not copied or duplicated. This task is ongoing and refreshes daily until the end of the campaign and will not be marked as completed.
What is the Token Used For?
The FOGO token sits at the center of the network’s economy:
Gas Fees: Used to pay for transactions on the network.
Staking: Holders can stake their tokens to secure the network and earn rewards.
Governance: Token holders can vote on protocol upgrades and ecosystem changes.
Incentives: Used to reward liquidity providers and developers building on the chain.
Market Context (as of February 2026)
Current Price: Roughly $0.021, with a market capitalization around $75M - $80M.
Availability: It is traded on major exchanges like Binance, KuCoin, MEXC, and Bybit.
Ecosystem: Since its launch, it has onboarded several dApps like Valiant (DEX) and FluxBeam, focusing on eliminating MEV (Maximum Extractable Value) and reducing slippage for retail traders.
Note: As with many new L1 tokens, FOGO has a "supply overhang." About 71% of the total supply is allocated to contributors and investors, with major unlocks scheduled for late 2026. This often leads to price volatility as more tokens enter the market.
