Filecoin is a digital payment system and public cryptocurrency. Get to know the price of Filecoin if you are interested in investing any time soon.
Filecoin is a digital payment system and public cryptocurrency designed to be a blockchain-based cooperative data retrieval and storage method. Protocol Labs built this on top of the InterPlanetary File System. This allows users to rent hard drive spaces that are unused.
Moreover, this cryptocurrency was first launched in the 3rd quarter of 2017. It was able to raise an amount of $200 million just 30 minutes after it was launched. In July 2021, its total connected decentralized storage reached 7.580 EiB.
In September 2021, the price of Filecoin plunged. It was quite worrisome for many investors, but it could bounce back again to its former glory.
As of the moment, the price of Filecoin is $68.86 USD. Meanwhile, its 24-hour trading volume is $536,376,022 USD. Looking at the FIlecoin price chart, this is 1.31% higher than its price yesterday. This is amidst the controversy it's involved in China.
The circulating supply of FIL coins is 121,011,182. Meanwhile, its max supply is undisclosed.
When considering whether Filecoin is an investment that suits your needs and goals, it's important you first assist your risk capabilities. This is because, as a cryptocurrency, FIL token price can go up and down without much notice. This is something that you have to put into careful consideration.
However, a lot of experts have high hopes for File coin crypto price in the future, which is why many of them have this in their highly recommended list of crypto to invest in. Some believe that it has the potential to surpass ATH. There are also forecasts that its value could grow to $86.6 by October 2025.
If you are interested in buying Filecoin, you can purchase it through these exchanges:
If you are interested in buying Filecoin, you can purchase it through these exchanges:
This is the recommended option for those who are currently residing in any European country. This is because it's easy to make an account on this platform if you live in that region. Plus, it's geographically exclusive there as well.
Binance
If you have been in the crypto industry for some time now, then you may have already heard about Binance. This is the platform highly recommended for those living in the US, UK, Canada, Australia, and Singapore.
Uphold
This is a go-to exchange for investors living in the US since they offer crypto and cashback. Unfortunately, those who are living in Europe and the UK cannot use this to buy FIL coins.
If you are looking for a cryptocurrency with a lot of potential, Filecoin might be what you are looking for. It can be a profitable investment in the long run. But, by the end of the day, it all boils down to your personal discretion on how you want to invest your money. On indusCrypto you can view the Filecoin price chart and earn passive income from FIL by making your own fully automated trading scriptt, setting up a crypto copy trading connection to follow best traders, or creating powerful crypto trading bots that will operate 24/7. Join now!