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A major mainstream wallet platform recently completed the fundraising for its first Pre-TGE new project, with $FOGO tokens performing remarkably well.
The data is clear: a total of 316,370.51 BNB was raised, with many participants involved. The participation limit per account was set at 6 BNB, and the total fundraising cap was approximately 7 million USD equivalent in BNB. The market enthusiasm is evident—oversubscription reached 41 times, indicating strong project popularity.
From an investor's perspective, each participating account ultimately received 3,793.02 $FOGO tokens. The cost per order was 0.147 BNB, with a partial refund of 5.853 BNB. Based on a pre-market price of 0.05 USD, the theoretical profit per order is about 55 USD. The tokens are officially scheduled to go live on the evening of January 15th at 8 PM, when the actual market pricing will be revealed.
Such high oversubscription ratios in new project fundraising typically reflect optimistic market expectations for the project, but the actual performance will need to be confirmed by trading data after launch.