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FOGO recently experienced an abnormal surge, with a 3.08% increase in just 5 minutes, supported by multiple positive factors.
First is the launch of the airdrop execution phase. The FOGO airdrop claim page officially went live on January 15th, and eligible users can now claim directly. This round of airdrop has a total scale of up to 1 billion tokens, with some users already confirmed to receive over 10,000 tokens. The actual distribution has begun. This direct-to-wallet method is obviously more attractive to the market than locked staking airdrops.
Second is the rapid expansion of liquidity. Between January 13th and 15th, within just three days, several mainstream exchanges including Bitunix, BTCC, and Websea Futures listed FOGO spot or perpetual contracts. The quick integration by exchanges not only enhanced market liquidity but also significantly lowered the participation threshold for ordinary users.
GT holders also received exclusive incentives. A leading platform launched a dedicated airdrop plan for GT holders, where holding at least 1 GT in the account allows participation in sharing a prize pool of 1 million FOGO. More importantly, 100% of these rewards are unlocked directly without lock-up, which will undoubtedly boost the enthusiasm of existing users.
Ecosystem expansion is also accelerating. Velixo Market launched the Genesis NFT project DINO on the FOGO mainnet, with a mint price set at 888 FOGO. The first batch of 888 NFTs will be directly bound to core token holders, establishing an initial value anchor for the ecosystem and leaving room for future ecosystem application expansion.
From a technical perspective, FOGO shows upward momentum across various timeframes: 3.08% increase in 5 minutes, 3.3% in 15 minutes, and 3.14% in 30 minutes. While these gains are not explosive, they clearly reflect a shift in market sentiment.