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.