FOGO is a high-performance Layer 1 blockchain specifically engineered for ultra-low latency, targeting professional-grade decentralized finance (DeFi) and real-time on-chain trading. It utilizes the Solana Virtual Machine (SVM) and the Firedancer client, which allows it to achieve incredibly fast block times (targeted at roughly 40 milliseconds). The goal is to bring the speed of a centralized exchange to a decentralized environment, making it ideal for high-frequency trading, on-chain order books, and complex liquidation engines.
Tokenomics & Supply
The FOGO token serves as the native utility asset for the network. It is used to pay for transaction fees (gas), secure the network through staking, and participate in protocol governance.
Total Supply: Approximately 9.95 Billion FOGO.
Circulating Supply: About 3.77 Billion FOGO is currently in the hands of the public.
Market Cap: As of your data, the market capitalization sits at approximately $87.89 Million, ranking it around No. 265 in the global market.
FDV (Fully Diluted Valuation): Estimated at $231.68 Million, representing the value if all tokens were in circulation.
Recent Market Performance
The coin reached an All-Time High (ATH) of $0.0632 on January 15, 2026, shortly after its mainnet launch. Following that peak, it experienced a significant correction, reaching an All-Time Low (ATL) of $0.0199 on February 11, 2026.
In the last 24 hours shown in your data, the price has seen a recovery of about 6.16%, trading around $0.0234. This suggests a period of consolidation after its initial post-launch volatility.
Trading Data & Money Flow
The "Money Flow" analysis indicates a slightly bearish sentiment in recent large-scale movements.
Net Inflow: There has been a total net outflow of -$17.43 Million over the observed period.
Order Distribution: While retail (small) and medium traders are actively buying and selling, "Large" orders (whales) have shown a net negative inflow of -$3.73 Million, indicating some profit-taking or redistribution by bigger players.
Volume: The 24-hour trading volume remains robust at over $32 Million, showing high liquidity and active interest from the trading community.
Note: FOGO is currently in a "price discovery" phase following its recent launch. High volatility is common for new Layer 1 tokens as they transition from initial airdrops and private sales to public market stability.