2026-01-14 18:48:03

Fogo's recent financing has generated a lot of buzz—certain leading exchange Prime Sale was oversubscribed by 41 times. This is the first Prime project for this exchange this year and the third in history. Market attention is indeed very high.

Interestingly, the entire industry has recently been focusing on the "Speed Meta" track. In the EVM space, Monad and MegaETH have taken turns making moves, one after another; the order book perpetual trading track is even more competitive, with Hyperliquid directly reaching a $8 billion FDV, boosting the overall heat of the entire track. New projects want to stand out, and the competition is indeed intensifying.

PRIME-2,65%

MON-10,05%

HYPE-2,39%

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BearMarketBarber

· 8h ago

41x subscription? The hype is indeed intense, but it feels like the old game of cutting leeks again. Speed Meta is really competitive this time; Hyperliquid has already burned through 8 billion, yet people are still rushing in. It's hard for new projects to stand out now; basically, they're destined to be the ones running alongside. How's Monad doing? Has anyone really made money?

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RamenStacker

· 8h ago

41x subscription? That's intense. It seems this round of Speed Meta is really eye-catching.

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StablecoinAnxiety

· 8h ago

A 41x subscription is truly outrageous, but has the momentum of Speed Meta really gone overboard? --- Hyperliquid has already reached 8 billion, how are the subsequent projects supposed to play out? --- Another hyped-up track, looks just like last year's EVM battle --- While the funding enthusiasm is high, only a few can really survive --- The order book track is so competitive that new projects basically dream of breaking through --- Is the third Prime in history worth bragging about? The marketing strategy of Xiao Exchange is truly outstanding --- Speed Meta is just a basket, stuffing everything into it

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FlashLoanLord

· 8h ago

41x subscription directly takes off, but honestly, the Speed Meta track has already become extremely competitive. Hyperliquid has burned through 8 billion, how can latecomers compete? New projects are launched one after another, high funding enthusiasm is there, but whether they can survive is another matter.

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ColdWalletAnxiety

· 8h ago

A 41x subscription is really crazy, but it feels like the money chasing the hot trend is just fighting each other. The Speed Meta track is really competitive right now. Hyperliquid has already reached an 8 billion FDV, newcomers basically have no chance. How long can the hype for Fogo last? I remain skeptical. On the EVM side, Monad and MegaETH are launching together, which seems to lead to mutual internal competition. Raising funds for new projects is useless if there are no real users afterward.

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