Filecoin (FIL) Price Down 5% Over Last 7 Days

Filecoin (FIL) traded up 1.4% against the US dollar during the 24-hour period ending at 8:00 AM Eastern on March 6th. In the last week, Filecoin has traded down 5% against the US dollar. One Filecoin coin can now be purchased for about $3.12 or 0.00003465 BTC on cryptocurrency exchanges. Filecoin has a market cap of $2.00 billion and approximately $147.73 million worth of Filecoin was traded on exchanges in the last 24 hours.

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

• Taiko (TAIKO) traded up 0.6% against the dollar and now trades at $0.83 or 0.00000924 BTC.
• 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.1% against the dollar and now trades at $90,063.12 or 1.00050775 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.1% against the dollar and now trades at $89,466.68 or 0.99388194 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Filecoin

Filecoin’s genesis date was October 14th, 2020. Filecoin’s total supply is 1,959,614,537 coins and its circulating supply is 642,432,121 coins. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here. The official message board for Filecoin is filecoin.io/blog. Filecoin’s official website 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 presently possible to buy alternative cryptocurrencies such as Filecoin directly using U.S. dollars. Investors seeking to acquire Filecoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. 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