Filecoin Price Up 6.1% Over Last 7 Days (FIL)

Filecoin (FIL) traded 2.1% lower against the US dollar during the 1 day period ending at 8:00 AM E.T. on March 18th. Filecoin has a market cap of $1.84 billion and $162.96 million worth of Filecoin was traded on exchanges in the last 24 hours. Over the last seven days, Filecoin has traded up 6.1% against the US dollar. One Filecoin coin can currently be purchased for about $2.86 or 0.00003463 BTC on cryptocurrency exchanges.

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

• Taiko (TAIKO) traded down 2.9% against the dollar and now trades at $0.63 or 0.00000761 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 1.2% higher 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.BBN (SOLVBTC.BB) traded 0.2% lower against the dollar and now trades at $82,731.99 or 1.00176671 BTC.
• SolvBTC (SOLVBTC) traded 1% lower against the dollar and now trades at $82,515.20 or 0.99914170 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Filecoin Profile

Filecoin launched on October 14th, 2020. Filecoin’s total supply is 1,959,605,777 coins and its circulating supply is 644,225,215 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Filecoin using one of the aforementioned exchanges.

FIL/USD price chart by TradingView