$FOGO As of February 5, 2026, Fogo (FOGO) is navigating a challenging post-listing correction, currently trading at approximately $0.027 after a sharp 35% decline over the past week. The token, which recently launched as a high-performance Layer-1 blockchain on the SVM architecture (boasting 40ms block times), is facing significant "sell-the-news" pressure following its January 15 airdrop and subsequent Binance listing. While early excitement drove prices toward a peak near $0.063, the market is currently struggling to absorb the initial liquid supply of 3.77 billion tokens, especially as broader market sentiment lingers in "Extreme Fear" (Index: 14). Technically, FOGO has hit a local all-time low and is searching for support near $0.025, with the RSI suggesting it is deeply oversold; however, the ongoing airdrop claim period, active until mid-April, remains a persistent bearish overhang that may limit immediate recovery despite the promising fundamental roadmap of its high-throughput mainnet.

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