$FOGO this project's "reversal" is indeed interesting. I still remember when the initial launch was announced, there was a lot of criticism in public opinion. Who would have thought that the project team would change their stance at the last minute, directly cancel the initial offering, and instead launch contracts and spot trading—this move was quite bold.

Looking back now, users who participated back then must regret it deeply. Within just a couple of days, the project was listed on the spot and futures markets of a major exchange, along with an Alpha event. This series of actions caught previous skeptics off guard.

The latest spot activity is quite substantial. The exchange is offering 38 million $FOGO tokens as incentives. New users who recharge an equivalent of 100 RMB can receive 190 tokens, which is essentially a discounted rate. The random draw trading event is also very attractive: among 76,000 user entries, those who trade at least 500 USDT worth of $FOGO can receive rewards ranging from 40 to 240 tokens.

This situation offers a deep lesson—sometimes the market's initial reaction may not be accurate, and every decision behind a project’s steps might be well considered. Those who missed out on early chips may feel some regret, but the new round of activities also provides opportunities for latecomers.