I recently added $FOGO to my portfolio because I think it’s one of the more interesting infrastructure plays at a low price right now.
For context, $FOGO is the native token of the Fogo blockchain, a high performance L1 network built on the SVM with an emphasis on ultra low latency and real time execution. The project aims to support on chain trading and real time DeFi applications which essentially brings exchange grade performance on chain, rather than a general purpose platform we're seeing often these days.
In my view, this isn’t about a meme or “price go up.” It’s about infrastructure that could be genuinely useful if on chain markets for trading and real time finance grow. Of course, like all new L1 tokens, it carries execution and competition risks, but the narrative here feels niche and differentiated from broad speculation assets. Not financial advice but just sharing why I decided to hold some FOGO at its current price.