Filecoin (FIL) Achieves Market Cap of $2.03 Billion

Filecoin (FIL) traded 5.1% higher against the dollar during the 1 day period ending at 7:00 AM E.T. on February 26th. In the last seven days, Filecoin has traded down 3.8% against the dollar. Filecoin has a total market cap of $2.03 billion and approximately $154.30 million worth of Filecoin was traded on exchanges in the last 24 hours. One Filecoin coin can currently be bought for $3.18 or 0.00003603 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Taiko (TAIKO) traded 0% lower against the dollar and now trades at $0.90 or 0.00001022 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 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 1.2% higher 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.
• SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $88,216.50 or 0.99962715 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.7% against the dollar and now trades at $87,678.74 or 0.99353348 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Filecoin Profile

Filecoin was first traded on October 14th, 2020. Filecoin’s total supply is 1,959,623,574 coins and its circulating supply is 639,454,441 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 trade Filecoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Filecoin using one of the exchanges listed above.

FIL/USD price chart by TradingView