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Watching $FOGO go from a high opening to a breakdown was quite heartbreaking. I held on for 3 days, but in the end, I still couldn't escape this disaster. Everyone was very optimistic during the subscription, generally believing that the 0.065 price could stabilize, but who knew it would drop below that level early this morning. It kept falling all the way down, ultimately ending in complete failure.
This situation is very similar to $MON. The experiences of the two tokens are almost copy and paste; investors went from excitement to panic in just a few days. Now that $ZAMA is about to launch, at this rate, the outcome will probably be similar—another cycle of breaking the price.
In contrast, those less flashy small coins, although lacking any halo, are at least more fair and reliable. Investing in new coins is inherently risky, and these lessons are worth careful consideration.