Gate launched the 27th edition of Crazy Wednesday from March 4 to 8. Users who register can receive a 50 USDT trial fund, and completing multiple tasks can unlock blind boxes to win big prizes. At the same time, a USDT fixed-term financial product with an annualized yield of 10% was introduced, with new users enjoying 100% annualized yield for 3 days. Participate in on-chain earning and mining with an annualized yield of up to 16%.

Gate News Bot Message, February 24 — According to CoinMarketCap data, as of press time, FOGO (Fogo) is trading at $0.03, up 13.16% in the past 24 hours. The price reached a high of $0.03 and dipped to a low of $0.02. The current market cap is approximately $105 million, an increase of $12.3 million from yesterday. Fogo is an L1 blockchain built for traders, featuring a 40-millisecond block time and 1.3-second confirmation time. The chain uses a custom Firedancer client to ensure stability and speed, is compatible with the Solana Virtual Machine, and supports all Solana applications and tools. Validator nodes are deployed across Asia and various global locations to ensure low latency and high reliability. The ecosystem includes Ambient Finance (leveraged perpetual contract trading), Valiant (spot trading)

BlockBeats News, February 14 — According to HyperInsight monitoring, "Shorting New Coins" trader (0x26359) closed a 1x leverage short position of 242,356 MEGA tokens, with a final profit of $17,800. Previously, this trader shorted MON, LIT, and FOGO, earning a total profit of $41,600.

Gate News Bot message, January 28th, according to CoinMarketCap data, as of press time, FOGO (Fogo) is currently priced at $0.04, up 18.74% in the past 24 hours, with a high of $0.05 and a low of $0.03. The 24-hour trading volume reached $885 million. The current market capitalization is approximately $166 million, an increase of $26.3 million compared to yesterday. Fogo is an L1 blockchain built specifically for traders, equipped with a custom Firedancer client that achieves 40-millisecond block generation and 1.3-second confirmation times. The platform uses a Tokyo-based delegated consensus mechanism and deploys backup nodes in multiple global locations to ensure low latency and high reliability. The FOGO ecosystem includes Ambient Trade (perpetual contracts with up to 100x leverage), Valiant Swap (spot trading)

BlockBeats News, January 26 — According to HyperInsight monitoring, the "shorting new coins" trader (0x26359) increased their position by 1x leverage in MEGA short positions to 242,356 units, with an entry price of $0.214, a floating profit of $7,343, and a liquidation price of $0.3671. Previously, this trader shorted MON, LIT, and FOGO, earning a total profit of $41,600.

Gate will hold the 22nd "Crazy Wednesday" event from January 21 to 25. Users can complete tasks to unlock blind boxes and win luxurious prizes. At the same time, a 14-day USDT fixed-term investment with an annualized yield of 10% is launched. Both new and old users can participate in the exclusive contract trading activity of YuBiBao, with a maximum rebate of 10,000 USDT.

BlockBeats News, January 21 — According to Hyperinsight monitoring, the "shorting new coins" trader (0x26359) shorted 223,856 MEGA tokens with 1x leverage, with an entry price of $0.214, a floating profit of $5,721, and a liquidation price of $0.3669. Previously, this trader shorted MON, LIT, and FOGO, earning a total profit of $41,600.

Gate News Bot Message, January 16th, according to CoinMarketCap data, as of press time, FOGO (Fogo) is currently priced at $0.05, down 12.50% in the past 24 hours, with a high of $0.06 and a low of $0.04. The 24-hour trading volume reached $356 million. The current market capitalization is approximately $176 million, a decrease of $25.18 million from yesterday. Fogo is a layer-one blockchain built specifically for traders. The chain features a 40-millisecond block time and a 1.3-second confirmation speed, equipped with a custom Firedancer client to ensure stability and speed. The Fogo ecosystem includes multiple trading applications, such as Ambient Trade offering up to 100x leverage perpetual contracts, Valiant Swap for zero-slippage spot trading, and advanced limit orders.

PANews January 15 News, according to Hyperliquid's announcement, $FOGO has transitioned from a pre-listing contract (hyperm) to a regular perpetual contract, now supporting up to 3x leverage for long or short positions.