$FOGO Market Performance & Analysis
Since its Token Generation Event (TGE), Fogo has exhibited the extreme volatility typical of high-profile "speed-maxing" L1 launches:
Launch Hype: Following a strategic sale on Binance, the coin saw an initial surge to an all-time high of approximately $0.097 on January 14, 2026.
Correction: Like many new L1s, it faced a sharp "sell-the-news" correction, bottoming out near $0.026 by January 18–20.
Recovery: As of late January 2026, the price has begun to stabilize and recover, currently trading in the $0.040 – $0.045 range.
Market Cap: With a circulating supply of roughly 3.76 billion tokens, its market capitalization sits between $150M and $200M, placing it as a mid-cap project with significant growth potential if institutional adoption follows.
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