2026-01-16 10:30:14

FOGO, as a recently launched new coin, has indeed shown noteworthy performance. From an opening price of 0.035 to a peak of 0.097, although there were quite a few shakeouts along the way, maintaining around 0.04 indicates that the market still recognizes this project.

From a technical and narrative perspective, this coin still has some potential. If the shakeouts continue to be well-managed, it could form a good value trough. In such cases, small-scale investments might have opportunities—closing positions during a bull market could yield considerable profits. However, it’s important to note that overall market trends and movements in related sectors like SOL will significantly impact it, and volatility will be substantial.

The overall advice is: pay attention to the fluctuations during this period, operate cautiously, and it’s better to test with small funds. Don’t be scared by short-term volatility, and don’t go all-in at once.

FOGO-32.13%

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NFTPessimist

· 4h ago

Washing out until 0.04 and calling it acceptance? It still feels like the bottom hasn't been found. Either it continues to fall or it's just a fake-out. I never touch this kind of thing.

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AirdropHarvester

· 4h ago

0.04 is indeed an interesting level, but I still want to wait and see if it gets washed out again. Once the shakeout is complete, I'll get in. The movement on SOL is too intense, following the trend isn't worth it. Going all-in on this kind of coin? Maybe just forget it haha. It sounds stable, but with new coins, no one can say for sure. Small investments to test the waters are okay. Good technical indicators don't guarantee a rise. I'm more concerned about whether the subsequent hype can sustain. How's the market sentiment this round? It feels like not many people are paying attention to FOGO. I'm just worried that the shakeout might be used as an excuse for a dump, I've seen too many cases like that. If 0.04 can't hold, just get out. Don't be greedy for these small gains.

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MysteryBoxAddict

· 4h ago

Honestly, the 0.04 level is quite interesting, but I still want to wait for another shakeout. A proper shakeout is the real opportunity. Those who buy in now are probably just catching the bag holders. If SOL weakens, FOGO won't be able to run either; the correlation is too strong. Small investors should just play it safe and test the waters. Don't think you can go all-in and become a millionaire overnight.

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MoonMathMagic

· 4h ago

0.04 is indeed a good entry point, just worried that a wave of pullback might wash it out again.

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zkNoob

· 4h ago

0.04 can still be stabilized, that's true, but doing a proper shakeout is easier said than done. Everyone wants to buy the dip, but no one dares to actually do it.

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MissingSats