Filecoin Price Reaches $1.33 (FIL)

Filecoin (FIL) traded 0.7% higher against the dollar during the 1 day period ending at 8:00 AM ET on December 15th. One Filecoin coin can now be bought for $1.33 or 0.00001484 BTC on popular cryptocurrency exchanges. Filecoin has a total market cap of $966.27 million and $105.84 million worth of Filecoin was traded on exchanges in the last day. During the last week, Filecoin has traded 11.5% lower against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• 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 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 0.2% higher against the dollar and now trades at $89,539.13 or 0.99841733 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.8% lower against the dollar and now trades at $88,567.83 or 0.99887750 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Filecoin

Filecoin’s genesis date was October 14th, 2020. Filecoin’s total supply is 1,958,651,663 coins and its circulating supply is 726,101,381 coins. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here. The official website for Filecoin is filecoin.io. Filecoin’s official message board is filecoin.io/blog.

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 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, Coinbase or GDAX. 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