Filecoin Hits 24 Hour Trading Volume of $138.07 Million (FIL)

Filecoin (FIL) traded down 0.1% against the US dollar during the twenty-four hour period ending at 7:00 AM Eastern on September 30th. One Filecoin coin can currently be purchased for about $2.18 or 0.00001926 BTC on popular exchanges. Over the last seven days, Filecoin has traded 4.5% lower against the US dollar. Filecoin has a market cap of $1.51 billion and approximately $138.07 million worth of Filecoin was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.2% higher against the dollar and now trades at $113,062.01 or 1.00033444 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.8% against the dollar and now trades at $112,756.15 or 0.98960935 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• P2P Solutions foundation (P2PS) traded 1.1% higher against the dollar and now trades at $378.25 or 0.00334662 BTC.

Filecoin Profile

Filecoin’s launch date was October 14th, 2020. Filecoin’s total supply is 1,958,982,221 coins and its circulating supply is 692,635,470 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 is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also called “Filecoin”), which miners earn by providing storage to clients. Conversely, clients spend Filecoin hiring miners to store or distribute data. Filecoin miners compete to mine blocks with sizable rewards, but Filecoin mining power is proportional to active storage, which directly provides a useful service to clients.”

Filecoin Coin Trading

It is usually not 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 Gemini, Coinbase 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