Filecoin (FIL) Trading 0.7% Lower This Week

Filecoin (FIL) traded down 0.1% against the US dollar during the 1-day period ending at 23:00 PM Eastern on October 30th. In the last week, Filecoin has traded down 0.7% against the US dollar. Filecoin has a total market cap of $2.21 billion and $100.11 million worth of Filecoin was traded on exchanges in the last 24 hours. One Filecoin coin can currently be purchased for approximately $3.70 or 0.00005108 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.1% lower against the dollar and now trades at $72,270.94 or 0.99659939 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.4% against the dollar and now trades at $72,127.46 or 0.99462083 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Filecoin Profile

Filecoin’s launch date was October 14th, 2020. Filecoin’s total supply is 1,959,900,089 coins and its circulating supply is 595,574,068 coins. Filecoin’s official message board is filecoin.io/blog. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here. The official website for Filecoin is filecoin.io.

According to CryptoCompare, “FileCoin (FIL) is a decentralized storage network that allows users to store and retrieve data from storage providers around the world, incentivized by the native FIL cryptocurrency. The protocol is designed to make file storage and retrieval more secure, reliable, and cost-effective than traditional centralized storage systems, using Proof of Replication (PoRep) and Proof of Spacetime (PoSt) cryptographic proofs. Filecoin was created by Protocol Labs, founded in 2014, who are also the creators of IPFS and libp2p. Filecoin provides a secure, decentralized, and cost-effective alternative to traditional centralized storage systems.”

Filecoin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Filecoin directly using US dollars. Investors seeking to trade Filecoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Filecoin using one of the aforementioned exchanges.

FIL/USD price chart by TradingView