FOGO has been oscillating around 0.045 since its issuance. Watching the project team raise so much BNB at the 0.035 price level, plus the recent days BNB itself has gained 30%, it’s hard to say that there’s no market manipulation. Finally, it surged to 0.05. At that point, I didn’t have much intention to hold further and just sold — cost was $140, sold for $193, with a pure profit of $53. Although it’s not a big gain, it’s still acceptable. After cashing out, I directly converted it into BNB. Instead of worrying about these fluctuations, it’s better to hold BNB steadily.

Speaking of FOGO’s fundamentals, it actually looks pretty good. According to the community, the airdrop portion accounts for only about 1.5% of the total supply, which isn’t a high ratio. From this perspective, once the turnover is sufficient, there’s still a chance to see more obvious price movements. However, for friends who haven’t sold yet, my advice is not to rush. Observe the specific trend of spot trading, wait and see if the whales have the ability to truly control the market, then decide whether to continue holding. Market conditions change rapidly; it’s always better to watch more and think more.