As of February 23, 2026, the market performance for FOGO reflects a period of stabilization following a volatile week. Since "FOGO" can refer to both a popular cryptocurrency and the formerly public steakhouse chain, I’ve broken down the value for both below.
1. FOGO Cryptocurrency (Layer 1 SVM)
The FOGO token, a Layer-1 blockchain built on the Solana Virtual Machine (SVM), has seen active trading volume over the last 24 hours as it attempts to hold key support levels.
| Metric | Value (Last 24h) |
|---|---|
| Current Price | $0.0254 - $0.0261 USD |
| 24h Change | -3.31% to -5.52% (Down) |
| 24h High / Low | $0.0273 / $0.0253 |
| Market Capitalization | ~$98.64 Million |
| 24h Trading Volume | ~$17.00 - $18.49 Million |
| Circulating Supply | 3.78 Billion FOGO |
Market Sentiment: Traders are currently watching the $0.025 support level closely. After a strong rally earlier in the month that saw highs near $0.063, the token is in a "cooling off" phase. Technical indicators like the RSI suggest it is currently in neutral-to-slightly-oversold territory on shorter timeframes.
2. Fogo de Chão (NASDAQ: FOGO)
Note: Fogo de Chão was taken private by Bain Capital in 2023. However, tracking "phantom" or historical ticker data remains common for valuation comparisons in the casual dining sector.
* Estimated Valuation: The brand continues to show strength with an estimated market value equivalent of $445M - $450M.
* Recent Performance: While not traded on public 24-hour exchanges like crypto, internal reporting shows U.S. same-store sales growth remains resilient compared to the broader "fine-dining" index.
Quick Analysis
If you are tracking the crypto asset, the 24-hour trend is currently bearish but stabilizing. The high volume relative to its market cap ($17M volume on a $98M cap) indicates high liquidity and interest from active traders, likely due to its integration with Pyth and Firedancer optimizations on the SVM.
> Pro Tip: Keep an eye on Bitcoin's stability. FOGO has shown a high correlation with major altcoin movements over the last 48 hours.
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