Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
$FOGO Why does the individual believe that the current price of 0.015 is reasonable?
FOGO is an early small-cap L1 public chain based on the SVM virtual machine, with funding and ecosystem still in the early stages. The total supply is 1 billion tokens, with 877 million held by institutions, which will be linearly unlocked over 4 years starting from September 2026, releasing about 219 million tokens annually.
Currently, the circulating market cap is approximately 96.2 million USDT, with a 24-hour trading volume of 3.37 million USDT, mostly driven by bots, and limited genuine active trading.
Considering the project’s positioning, real trading activity, and unlocking sell pressure, a reasonable valuation is between 40 million and 60 million USDT, corresponding to a price range of 0.0106-0.0160 USDT. The market cap and actual trading volume are severely mismatched, indicating a significant bubble.