Key Takeaways
- • Federal Oil Fund (FOF) token traded at $0.00564885 as of April 20, 2026, with a market capitalization of $5.65M and circulating supply of 1 billion tokens at 100% circulation rate.
- • FOF experienced a +20.70% price increase over the prior 24-hour period, rising from approximately $0.00468014 (24h low) to $0.00573651 (24h high), with all-time high recorded at $0.00572663.
- • 24-hour trading volume reached $1.21M to $1.29M across reporting sources, representing 22.78% of market capitalization and indicating moderate liquidity relative to market size.
- • Token trades primarily on decentralized exchanges including Meteora DAMM V2 (FOF/USDC pair with $1.11M daily volume), Meteora, and Orca, with fully diluted valuation matching current market cap at $5.26M-$5.71M.
- • FOF underperforms the broader cryptocurrency market (up 3.60% over 7 days) while trading 59.60% above its all-time low of $0.003586, presenting a volatile micro-cap asset with limited historical price data.
Summary
Federal Oil Fund (FOF) is a digital asset with a current market capitalization of approximately $5.65M, based on a live price of $0.00564885 and circulating supply of 1 billion fully diluted tokens. The token demonstrated significant intraday volatility on April 20, 2026, appreciating 20.70% over a 24-hour period with trading volume ranging from $1.21M to $1.29M depending on reporting source. The asset's 24-hour range extended from a low of $0.00468014 to a high of $0.00573651, positioning current price levels near all-time highs of $0.00572663.
The 24-hour volume-to-market capitalization ratio of 22.78% suggests moderate liquidity relative to the token's small market footprint. FOF trades primarily on decentralized exchanges, with Meteora DAMM V2 emerging as the dominant venue for the FOF/USDC trading pair, which alone generated $1.11M in daily volume. Secondary venues include Meteora and Orca, providing limited but functional trading infrastructure.
From a longer-term technical perspective, FOF remains up 59.60% from its all-time low of $0.003586, though it trades marginally below all-time highs. The token has underperformed the broader cryptocurrency market, which advanced 3.60% over the prior seven days, indicating relative weakness among comparable digital assets. The fully diluted valuation equals the current market capitalization at $5.26M-$5.71M, reflecting that all 1 billion tokens are already in circulation with no material supply inflation anticipated.
This micro-cap digital asset presents elevated volatility and liquidity risk typical of emerging tokens with limited institutional adoption and trading infrastructure. The sharp 20.70% single-day gain warrants caution regarding sustainability and represents the type of price movement common in early-stage, low-volume cryptocurrency markets. Investors should recognize that FOF pricing data derives from third-party exchanges and is presented without representation or warranty regarding accuracy or suitability for investment purposes.
The 24-hour volume-to-market capitalization ratio of 22.78% suggests moderate liquidity relative to the token's small market footprint. FOF trades primarily on decentralized exchanges, with Meteora DAMM V2 emerging as the dominant venue for the FOF/USDC trading pair, which alone generated $1.11M in daily volume. Secondary venues include Meteora and Orca, providing limited but functional trading infrastructure.
From a longer-term technical perspective, FOF remains up 59.60% from its all-time low of $0.003586, though it trades marginally below all-time highs. The token has underperformed the broader cryptocurrency market, which advanced 3.60% over the prior seven days, indicating relative weakness among comparable digital assets. The fully diluted valuation equals the current market capitalization at $5.26M-$5.71M, reflecting that all 1 billion tokens are already in circulation with no material supply inflation anticipated.
This micro-cap digital asset presents elevated volatility and liquidity risk typical of emerging tokens with limited institutional adoption and trading infrastructure. The sharp 20.70% single-day gain warrants caution regarding sustainability and represents the type of price movement common in early-stage, low-volume cryptocurrency markets. Investors should recognize that FOF pricing data derives from third-party exchanges and is presented without representation or warranty regarding accuracy or suitability for investment purposes.
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