2026-01-15 19:13:07

Daily Hotspot Review - January 15

▰ Former CEO of Xunlei, Chen Lei, was sued by the company, accused of embezzling assets for cryptocurrency trading. This once-dominant download tool giant has now entered the Web3 vortex.

▰ FOGO token has been listed on a major exchange for spot trading. Notably, the token has been extremely popular in the exchange wallet's new listing activity—oversubscription reached 41 times. Participants who invest a full 6 BNB can receive 3,792.8474 FOGO. At the current price of $238, the cost is only 0.14706 BNB (about $138), with a quite substantial profit potential.

▰ The ecosystem developments of Solana and Starknet continue to update, and the collaboration progress between the two blockchains is worth paying attention to.

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MEVvictim

· 5h ago

Chen Lei's actions are really something—going from the CEO of a download tool to misappropriating assets to play with coins is quite something. FOGO's 41x oversubscription, oh my, how crazy is that... Did the big players who participated in the IPO really make a profit this time? Solana and Starknet collaborating? Why are these two public chains suddenly so friendly? Does no one want to focus on making good products, and instead just think about how to issue tokens and cut the leeks? What does a 41x oversubscription indicate? The crypto world never lacks those willing to take the risk. Chen Lei has also entered the crypto space; this storyline is indeed a bit ironic.

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WhaleMinion

· 5h ago

Chen Lei's recent actions are truly outrageous, embezzling assets to create coins? That must mean he really looks down on Thunderbolt, haha. FOGO's 41x oversubscription is crazy. I should have been more careful with my bids during the IPO to avoid slipping up. Solana and Starknet are up to their usual antics again. It seems like these two chains are collaborating more and more frequently. Can FOGO drop below $200 for shorting? It feels unlikely. Chen Lei, really, a once-big shot, has now fallen to the point of being sued. Web3 is indeed a deep and turbulent water. It's unrealistic to expect a 41x return on the IPO; a dump is inevitable later. Still, I'm watching and waiting. With this pace of two public chains, when will we see real-world applications? Participating in FOGO with such low investment seems a bit too good to be true. Be cautious.

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GateUser-74b10196

· 5h ago

Chen Lei's situation is outrageous—going from the CEO of a download tool to being sued for embezzlement, the contrast is incredible. FOGO's IPO oversubscribed by 41 times—are they about to take off or crash? Who dares to take the final step? Solana and Starknet are collaborating again. It seems like both chains have new developments every day. Will there really be something this time?

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0xSunnyDay

· 5h ago

Chen Lei's move is brilliant; the esteemed CEO pulling this stunt shows Thunder's true decline. FOGO's 41x oversubscription is a bit crazy; new investors are about to make a killing. Will Solana and Starknet team up? What kind of sparks can these two ignite?

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AirdropHunter007

· 5h ago

Chen Lei's thing is outrageous, the CEO of a download tool getting into the crypto world—this cross-industry move is pretty intense. FOGO's IPO oversubscription at 41x? Damn, that's crazy. Too bad I didn't get in. Solana and Starknet collaborating? The key is whether they can deliver some real results. Another "big shot" entering the crypto space, retail investors should be cautious. Is the 41x oversubscription real or just another way to fleece retail investors? I'm not too convinced.

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