X @wale.moca π³
wale.moca π³Β·2025-12-11 07:30
Fogo announced the details of their ICO yesterday:$1B USD FDV. So the 2% supply would result in a $20M USD raise.Sale will happen December 17th and TGE is confirmed for January 13th.Presale allocations are 100% unlocked at TGE, together with mainnet, they also announced that they burned 2% of team supply.$1B USD obviously is a lot, pre-market perps on Hyperliquid currently have FOGO at $1.3B USD FDV.Honest thoughts? ...