FOGO (ticker: FOGO) is a cryptocurrency + blockchain project — not just a random token.
It is actually a new Layer-1 blockchain network (like Solana, Avalanche, or Sui) designed mainly for very fast trading and DeFi applications.
Simple explanation (easy to understand)
Think of it this way:
Bitcoin → digital money
Ethereum → smart contracts & apps
Solana → very fast transactions
Fogo → built especially for ultra-fast crypto trading and DeFi
FOGO is the native coin of the Fogo blockchain. The coin is used inside that network to run transactions and secure it.
What the Fogo network is
Fogo is a high-performance blockchain built on the Solana Virtual Machine (SVM), meaning apps from Solana can easily move to it.
It focuses on extremely low delay and high speed — blocks about 40 milliseconds and confirmation about 1.3 seconds.
