A few days ago, $FOGO launched and was already de-listed within three days. Looking at this project—stingy with public sales, shrinking airdrops, relying on new issuance channels to sell a staggering $7 million, with a valuation of $350 million—I can't help but ask: have we seen this套路 too many times?



This actually reflects an increasingly obvious phenomenon. Project teams, platforms, and early investors cooperate to build an ecosystem of information asymmetry. Ordinary investors often become the final bagholders, losing the most when the project hits mainstream exchanges, liquidity dries up, or a wave of de-listings occurs. Frankly, many so-called "new issuance opportunities" have shifted from value discovery to pure valuation games.

But the way crypto assets appreciate isn't limited to this path. Besides competing in information warfare, have you considered schemes that inherently generate continuous cash flow through protocol design? This isn't supported by one-time funding or market hype, but by the operation of decentralized financial infrastructure, turning your assets into a true "income generator" that works 24/7.

Compared to high-valuation projects wrapped in dreams, this kind of open-source, transparent DeFi protocol takes a different route—it doesn't sell stories, but verifiable financial logic. Through smart contracts and on-chain data, any user can clearly see how their assets circulate and generate yields, with no information black box. This "asset efficiency engine" approach allows mainstream tokens or stablecoins to appreciate under controlled risk, rather than gambling on a project's hype and liquidity.
FOGO-6,26%
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GasFeeDodgervip
· 01-21 15:52
Breaking below the price has become routine, does anyone still believe that IPOs can turn things around? --- Another factory for creating bagholders, this routine is really old. --- It feels like new coins now are just cash machines for project teams and platforms; retail investors are just fuel. --- The truly reliable DeFi projects are those that can be verified on-chain, unlike these fundraising games. --- A valuation of 350 million sold for only 7 million—this math is just too funny. --- In the end, it's all about information asymmetry; early funds have already left, and we're left with heavy losses. --- IPO investing has become a valuation game; the true value discovery was gone long ago. --- Compared to betting on project hype, I trust protocols that generate cash flow on their own 24/7 more. --- Project teams, platforms, and early backers work together in a full chain; ordinary people are always the last to know. --- But on the other hand, are there any DeFi projects that are actually doing well? At least diversify the risk.
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BottomMisservip
· 01-21 13:15
Breaking below price for three days and still claiming a $3.5 billion valuation, truly impressive --- A new name joins the list of bagholders, it's time to wake up --- It's the same old trick again, when will the market learn its lesson --- Real profits in DeFi are more attractive than chasing project hype --- Information black box, liquidity traps, retail investors are always the last to benefit --- I've seen through it, no longer playing this valuation game --- Selling for 7 million causes it to break below price, the project team is a bit too impatient
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CounterIndicatorvip
· 01-18 16:56
Breaking below the offering price for three days? That's just everyday stuff haha, just another "valuation game." DeFi protocols are indeed much more reliable, at least the data is on-chain and transparent, with no black box.
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DegenGamblervip
· 01-18 16:56
It's the same old story... It's really incredible that it broke below the offering price in just three days. Is the $350 million valuation still standing here?
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faded_wojak.ethvip
· 01-18 16:53
It's the same old trick again, breaking below price for three days is really impressive. The bagholders will always be our retail investors, I'm really tired. We still have to play DeFi; on-chain data transparency is the only reliable way.
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StablecoinArbitrageurvip
· 01-18 16:49
actually, $FOGO's death spiral is just textbook basis arbitrage gone wrong... the 700m raise at 3.5b valuation screams inverted liquidity curve to me. ran the numbers and the slippage math alone shoulda been a red flag for anyone actually looking at order book depth
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