Filecoin Price Tops $3.79 (FIL)

Filecoin (FIL) traded 4% higher against the US dollar during the one day period ending at 21:00 PM E.T. on October 18th. Over the last week, Filecoin has traded up 5.4% against the US dollar. Filecoin has a market capitalization of $2.25 billion and approximately $93.59 million worth of Filecoin was traded on exchanges in the last day. One Filecoin coin can now be bought for about $3.79 or 0.00005548 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 50.5% higher against the dollar and now trades at $0.0743 or 0.00000109 BTC.
• P2P Solutions foundation (P2PS) traded up 1.3% against the dollar and now trades at $171.00 or 0.00250086 BTC.

About Filecoin

Filecoin launched on October 14th, 2020. Filecoin’s total supply is 1,959,908,195 coins and its circulating supply is 592,437,927 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 purchase alternative cryptocurrencies such as Filecoin directly using US dollars. Investors seeking to trade Filecoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Filecoin using one of the exchanges listed above.

FIL/USD price chart by TradingView