Perpetual Cow COW

What COW actually is on-chain

Perpetual Cow is an SPL token deployed on Solana, at contract address FWoGYRhR6YagBSqncPSdn43GHNikSPw1ggrGzyM3H5rE. That address, not the ticker COW, is what uniquely identifies this asset: anyone can deploy a second token calling itself COW, but the contract is unforgeable. Verify it against solscan.io before sending funds or approving a spend.

On Solana the token account model means COW is held in an associated token account derived from the mint above, and a wallet has to be rent-funded in SOL before it can receive the token at all. Fees are a fraction of a cent, so the cost of trading COW is dominated by pool slippage in Raydium and Orca pools, not by gas — the opposite of the EVM case.

Another asset tracked on this site also uses the ticker COW: CoW Protocol (Ethereum, 0xdef1…97ab). The asset on this page is specifically the Solana deployment at FWoGYR…H5rE. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

Where COW sits in the market

Perpetual Cow ranks #5789, in the middle of the long tail, where listing status changes more often than price does, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 6 live COW order books (Binance, Bybit, Gate.io, HTX, Upbit, Bithumb). That is wider coverage than most assets ranked near #5789 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

COW against its all-time high

COW is trading within 2796.3% of its all-time high of $0.00377717 (on 2026-02-09). This is price discovery: there is no overhead supply from earlier buyers and no horizontal resistance with any historical basis, because the asset has never traded here before. Support levels drawn from the chart are the only structure that exists, and momentum readings — an overbought oscillator, an exhausted volume profile — carry more information than any level you could draw above spot. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

COW across its historical range

The recorded range runs 56.3x, from $0.00006711 to $0.00377717 — wide by the standards of traditional assets, moderate for this one's class.

Spot is roughly 1,630x above the $0.00006711 low (on 2026-04-29). The practical consequence is a cost-basis distribution skewed by orders of magnitude: a slice of the supply was acquired at a price that rounds to zero against today's, and that supply is price-insensitive on the way up. Rallies in an asset like this do not fail because demand disappears — they fail because early supply meets them.

COW supply and valuation data

At #5789 there is no reliable third-party supply audit for COW at all — token counts this far down the table are frequently restated, and we would rather show nothing than show a number that moves without notice. What we do have is a fully diluted valuation of $84 thousand as of 2026-05-12. That is in the bottom quartile of tracked assets, a range where a single liquidity provider can account for most of the quoted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one solscan.io reports for this contract.

What kind of asset COW is

Perpetual Cow is a meme asset. There is no cash flow, no fee capture and no fundamental anchor to value it against, which is a description rather than a criticism — it means the price is set entirely by attention and reflexive flow. In practice, volume moves first and price follows, so a volume spike is the leading signal for this class while an oscillator reading is a lagging one. Moves are larger, faster and mean-revert harder than in assets with a revenue story.

CoinGecko files COW under 3 categories, including Solana Ecosystem, Meme, Solana Meme. CoinGecko also records deployments on Solana (3,129 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Perpetual Cow alert that is worth receiving

Perpetual Cow is the SPL token at FWoGYR…H5rE on Solana — quoted on 6 venues we stream — high dated 2026-02-09 — rank #5789. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →