#fogo $FOGO
Fogo (FOGO) is currently trading around *$0.026 USD*, with a market cap of roughly *$99.8 M* and a circulating supply of *3.77 B FOGO* out of a total 9.95 B 24‑hour volume sits at *$16.9 M*, giving a solid volume‑to‑market‑cap ratio of about *17 %*, which points to decent short‑term liquidity. The token powers a high‑performance Layer‑1 built on the Solana Virtual Machine, featuring an on‑chain limit order book and native price feeds for sub‑second finality, making it attractive for on‑chain trading and DeFi applications
Technical indicators are mixed: recent price action shows a bounce from the all‑time low of $0.01998 (Feb 11) to current levels, but it remains *58 % below its ATH of $0.06326* from mid‑January . Analysts’ short‑term outlooks are cautious—some models project a modest 5 % uptick to $0.0255 tomorrow, while others warn of a potential dip toward $0.007–$0.018 by March . Longer‑term scenarios range from a *base case* of steady, moderate growth to an *upside case* that could see double‑digit cents if adoption of its trading infrastructure accelerates, and a *downside case* that could revisit low‑single‑digit cents if network usage stalls.
