2026-01-10 14:20:37

Fogo, as an SVM-compatible Layer 1 public chain, has been active recently. About three weeks ago, the project announced the cancellation of its original pre-sale plan and officially shifted to the airdrop phase before the mainnet launch. This adjustment is widely interpreted as a signal that the project is paying more attention to ecosystem development and community engagement.

Market reports indicate that a leading exchange has confirmed it will open pre-market trading for Fogo's USDT perpetual contracts. This means investors can participate in derivatives trading before the official launch of the token, further lowering the participation threshold.

As an active project within the SVM ecosystem, Fogo's progress also reflects the gradual maturity of this technological approach. With the mainnet launch imminent, the airdrop plan has been initiated—this approach has become a standard tactic for emerging Layer 1 projects in 2025.

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RunWithRugs

· 22h ago

Cancel the presale and turn it into an airdrop? I'm tired of this trick. I'm just waiting for the mainnet launch to make a move.

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Gm_Gn_Merchant

· 01-10 14:35

Canceling the presale for airdrops—this tactic is now everywhere. However, pre-market trading indeed lowers the barrier to entry, but it also easily becomes a harvesting tool for retail investors.

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MEVSandwich

· 01-10 14:31

Canceling the pre-sale to airdrop, this move is indeed aimed at rallying community consensus, but opening perpetual contracts before the market opens... it feels like they're just cutting the leeks again.

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GasGasGasBro

· 01-10 14:26

Canceling pre-sale for airdrops, this move seems to be paving the way for the mainnet, but I feel like this routine is now everywhere. --- Are perpetual contracts opening pre-market trading? Isn't this just letting retail investors get wiped out first? --- Another project in the SVM ecosystem, it feels like this kind of project will compete to the death this year. --- Honestly, it's still about boosting hype with airdrops. Once launched, it will probably break the peg again. Just watching the show. --- Mainnet launch, airdrops, pre-market trading... this process is too standard, nothing special about it. --- Top exchanges have approved it. Is this a signal or just hype? I really can't tell the difference. --- Does Fogo have any innovations? Or is it just riding on SVM's coattails?

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