Loading chart...
Fogo Overview
Fogo News
Loading news...
About Fogo
FOGO is used to support the operation and security of the Fogo network:
- Transaction fees: FOGO is used to pay base transaction fees and optional prioritisation fees. The fee model follows Solana’s structure, with base fees partially burned and partially distributed to the block-producing validator.
- Staking and network security: FOGO can be delegated to validators. Staked tokens contribute to leader selection, consensus voting and supermajority thresholds.
- Validator and staker rewards: FOGO is issued through a fixed annual inflation rate and distributed to validators and their delegators based on participation and vote credits earned during each epoch.
- Storage rent: FOGO is used to cover on-chain account storage costs. Accounts that maintain a minimum balance are rent-exempt.
- Application execution: FOGO underpins the execution of SVM-compatible smart contracts, including decentralised finance applications, games and other on-chain programs deployed on Fogo.
Fogo Markets
Loading markets...
Fogo Platforms
Loading platforms...
Learn About Fogo
Does Fogo Belong in a Multi-Chain Portfolio Strategy?
When thinking about putting money into a new multi-chain token, investors usually look at things like its market cap, where it's listed, who's on the team, and how active its community is. These factors really help them decide how much to invest. You can trade the token on Binance, OKX, and Bybit. CMS Holdings and others have invested $13.5 million in it. The project is focused on the busy Layer 1 blockchain space, which has seen a jump in money coming in recently. Also, the Fogo network started with about 10 dApps right away, which isn't common for new chains.
Fogo Market Data
The live Fogo price today is $0.02 USD with a 24-hour trading volume of $3,874,846.12 USD. We update our FOGO to USD price in real-time. Fogo is up 0.98% in the last 24 hours.
The current market cap is $75,421,840.57 USD, ranking #248 by market capitalization. The circulating supply is 3,792,838,555 FOGO.