Fogo, a Solana Virtual Machine-compatible Layer 1 blockchain built for onchain trading, launched its public mainnet on Thursday, Jan. 15.
Its native FOGO token, which launched alongside the network’s mainnet, is currently trading around $0.053, down about 12%, with over $208 million in 24-hour trading volume and a market cap near $198 million, according to CoinGecko. The token’s fully diluted valuation (FDV) stands at about $527 million.
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