I think it can get 60fps, but it runs most games at full speed with a frame skip of 1, which I believe would have it running at 30fps.
I think all the 16bit consoles ran at 60fps back then, I know the Amiga 500 did.
We dropped to 30fps in the 32 bit 3D era and got back up to 60fps again on the Dreamcast.
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