A certain leading exchange recently launched FOGO contract trading, and the first 10 days of zero trading fees for new tokens is a pretty good window. From the K-line, the main force just completed a wave of rally and then pulled back. This kind of movement usually peaks around 16-20 o'clock during the day—honestly, most participants during this period are domestic players. With the weekend coming, retail investors are likely to choose this window to add positions.
Interestingly, FOGO's performance is very similar to new tokens like NIGHT and BREV. However, BREV's main force strategy is more aggressive, creating long and short traps through funding rates to make quick profits, following a completely different script. Currently, FOGO's funding rate is indeed relatively high, but considering it's still in the early stage, this is normal. Once the rally is complete, a more cautious judgment on the subsequent trend can be made. At the moment, this position does look quite attractive and is worth paying attention to.
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SmartContractPlumber
· 11h ago
Free transaction fees are just a lure. Have the contract codes of these new tokens been audited? Usually not, and the risk chain is as long as the Celsius incident.
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LiquidityWitch
· 11h ago
No trading fees this set, someone always falls for it every time.
Old tricks again, I’ve seen enough of BREV’s double kill.
The 16-20 o’clock window really has a lot of slashes, wait a bit before jumping in.
With such high funding rates, the main players have been bleeding money for a while.
FOGO and NIGHT? They’re worlds apart, don’t fool yourself.
Retail investors are adding positions over the weekend, isn’t that exactly what the main players want to see?
Is this position attractive? I think it’s just attractive bait.
They dared to play like this even when fees were free early on, it’s even more outrageous now.
Feels like the FOGO script is exactly the same as the previous coin.
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SmartContractWorker
· 11h ago
Damn, it's the same old trick again, trying to attract retail investors with zero fees?
I saw through that BREV move clearly; the main force is really ruthless, killing both sides and making a killing. FOGO's current fee rate is so high, and they still dare to call it normal?
During the 16-20 point wave, domestic retail investors are probably going to get cut again. Replenishing positions over the weekend? Haha, I think most of it is passive replenishment.
Is the position attractive? Attractive enough to make you bleed, brother.
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RugpullAlertOfficer
· 11h ago
I've seen this free fee trick many times; those who fall for it are all newbies.
The main players are just waiting for retail investors to buy in during this pullback over the weekend. Don't they have any awareness?
The dual-kill strategy with BREV is really ruthless; FOGO is still inexperienced.
With such high fees, who dares to hold a heavy position... Let's wait and see.
Is this position attractive? I'll observe first, and wait until the screams of margin calls die down before acting.
A certain leading exchange recently launched FOGO contract trading, and the first 10 days of zero trading fees for new tokens is a pretty good window. From the K-line, the main force just completed a wave of rally and then pulled back. This kind of movement usually peaks around 16-20 o'clock during the day—honestly, most participants during this period are domestic players. With the weekend coming, retail investors are likely to choose this window to add positions.
Interestingly, FOGO's performance is very similar to new tokens like NIGHT and BREV. However, BREV's main force strategy is more aggressive, creating long and short traps through funding rates to make quick profits, following a completely different script. Currently, FOGO's funding rate is indeed relatively high, but considering it's still in the early stage, this is normal. Once the rally is complete, a more cautious judgment on the subsequent trend can be made. At the moment, this position does look quite attractive and is worth paying attention to.