New coin projects tend to experience a rally once they go live, which is a well-known pattern. However, the real test often comes afterward—during significant market corrections, these smaller coins tend to transmit the downturn directly, with declines potentially sharper than those of larger coins.

FOGO currently has a circulating supply of 350 million tokens, with a highly dispersed distribution of holdings, providing excellent manipulation space for large players. It is foreseeable that there will inevitably be a period of obvious volatility and shakeout to clear out floating chips. As for how deep this shakeout will go, it’s really hard to predict now, as there are too many variables.

From a position-building perspective, the price range of 0.04 to 0.05 is relatively attractive. If the price later retraces into this range, it could become a good entry point. But the prerequisite is to be patient and not rush to chase the high.