Filecoin (FIL) Price Hits $5.49 on Major Exchanges

Filecoin (FIL) traded up 4.4% against the dollar during the one day period ending at 14:00 PM E.T. on January 25th. One Filecoin coin can currently be bought for $5.49 or 0.00024160 BTC on cryptocurrency exchanges. Filecoin has a total market cap of $2.03 billion and $274.62 million worth of Filecoin was traded on exchanges in the last 24 hours. Over the last week, Filecoin has traded up 24.4% against the dollar.

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

  • Aidi Finance (BSC) (AIDI) traded down 5.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 4.1% lower against the dollar and now trades at $0.0589 or 0.00000260 BTC.
  • CareCoin (CARES) traded 4.1% lower against the dollar and now trades at $0.0732 or 0.00000323 BTC.
  • OmniaVerse (OMNIA) traded up 3.7% against the dollar and now trades at $0.0021 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded 4.2% lower against the dollar and now trades at $90.58 or 0.00400271 BTC.
  • Lunar (LNR) traded down 4.7% against the dollar and now trades at $0.0277 or 0.00000122 BTC.
  • Hokkaidu Inu (HOKK) traded up 15.2% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded down 4.1% against the dollar and now trades at $6,358.37 or 0.28097867 BTC.
  • 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $135.06 or 0.00596835 BTC.
  • Lego Coin (LEGO) traded 1% lower against the dollar and now trades at $0.0405 or 0.00000178 BTC.

Filecoin Profile

Filecoin’s genesis date was October 14th, 2020. Filecoin’s total supply is 370,659,199 coins. The official website for Filecoin is filecoin.io. Filecoin’s official message board is filecoin.io/blog. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here.

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.”

Buying and Selling Filecoin

It is usually not currently possible to purchase alternative cryptocurrencies such as Filecoin directly using U.S. dollars. Investors seeking to trade Filecoin should first purchase 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 purchase Filecoin using one of the aforementioned exchanges.

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