Fogo Token (FOGO) is currently trading at $0.0245, with a 0.52% increase in the last 24 hours. Its market capitalization is around $92.34 million, with a circulating supply of 3.77 billion FOGO tokens. The 24-hour trading volume is approximately $23.39 million ¹ ² ³.

Key Details:

- Current Price: $0.0245

- Market Cap: $92.34 million

- Circulating Supply: 3.77 billion FOGO

- 24-hour Trading Volume: $23.39 million

- All-time High: $0.06326 (Jan 15, 2026)

- All-time Low: $0.01998 (Feb 11, 2026)

Fogo is a next-generation Layer 1 blockchain designed for high-performance DeFi applications, utilizing the Firedancer client and Solana's architecture ¹ ⁴.

Fogo Coin (FOGO) is a next-generation Layer 1 blockchain designed for high-performance DeFi applications, utilizing the Firedancer client and Solana's architecture. As of February 17, 2026, FOGO is trading at $0.02448, with a 1.3% increase in the last 24 hours.

Key Highlights:

- Ultra-Low Latency: FOGO boasts an impressive 40ms block time, making it ideal for high-speed trading and DeFi applications.

- Airdrop Distribution: The $FOGO airdrop distribution to ~22,300 wallets is fully unlocked, with the claim portal remaining open until April 15, 2026. This may create a near-term headwind for price appreciation due to potential sell-side supply.

- Ecosystem Adoption: FOGO's success depends on attracting capital and developers, competing with established L1s like Solana and Ethereum L2s.

Price Prediction:

Analysts predict FOGO's price will be driven by tangible growth in Total Value Locked (TVL), daily active users, and volume on native apps like the Valiant DEX. If FOGO proves its high-speed trading stack can capture real usage, it may outperform during a broader market recovery ¹.

Market Sentiment:

The market sentiment is mixed, with a sustained fearful market capping upside for all alts, including FOGO. However, if FOGO's technological advantages lead to visible metrics, it could create significant bullish divergence.

Want to know more about FOGO's potential as an investment or its competition with other L1 blockchains?